1 / 14

SUCCESSION PLANNING

SUCCESSION PLANNING. What Will Your Legacy Be?. NSHE June 6, 2013. Introduction. Topics. How do I make a plan? What are my options? Why does succession planning matter? 4 things we can all count on. What is a legacy and what is yours?. Organizational/C-Suite Buy In.

dee
Download Presentation

SUCCESSION PLANNING

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SUCCESSION PLANNING What Will Your Legacy Be? NSHE June 6, 2013

  2. Introduction

  3. Topics • How do I make a plan? • What are my options? • Why does succession planning matter? • 4 things we can all count on. • What is a legacy and what is yours?

  4. Organizational/C-Suite Buy In • Without Senior Management support, frustration is inevitable • Consult with Human Resources: They have the tools • First, sell the concept

  5. Candidate Selection • Identify the prospects • Share your plan with them • Prepare for some unexpected responses/reactions

  6. Mentoring/Coaching • Assignments/Projects • Frequency • Review experiences & lessons learned • Shift gears when necessary

  7. Keys to Succession Planning • Shadowing • Internships • Community • Professional Network

  8. Assessment Tools • Skills Assessment • Selecting for “the fit” • Leadership Style

  9. Why Does It Matter? • The Four Absolutes in life: • 1. ALL of us will die eventually • 2. MOST of us will retire • 3. SOME of us will leave a legacy • 4. NONE of us can take it with us

  10. “It’s not what you take when you leave this world behind you, it’s what you leave behind you when you go.” Randy Travis -3 Wooden Crosses

  11. Choosing the Right Successor • Why did you choose your profession? • Great employees do not necessarily make great leaders. • Can leadership be taught?

  12. The Statistics Don’t Lie • Audience poll • 78 million Baby Boomers are turning 65, at the rate of 1 every 10 seconds. • 3-4 million will turn 65 this year alone • They represent 28% of the US population • The two industries most impacted: Healthcare & Construction

  13. Legacy: “Something handed down from an ancestor or predecessor. A gift.” What do you want yours to be? The Servant Leadership Concept

  14. Closing Thoughts

More Related