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A Leader's Guide to Succession Planning

How to identify, prepare, and nurture successors

Increase the availability of experienced and ready employees in the right jobs now and in the future with proven practices and tips for how to overcome common risks.

A Leaders Guide to Succession Planning
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About

"I've got an opening on my team; do you know of anyone?" How often have you initiated this conversation or been a part of it recently? Most leaders struggle to find and develop the ready-now talent they need. Workforce challenges are nothing new. However, industry experts forecast that your talent challenges will become increasingly severe by 2030. Building a pool of qualified candidates ready to fill newly created or vacated positions can be challenging. 

This workshop includes succession planning topics such as talent identification, talent calibration, talent review best practices, and high-impact and low-cost employee development strategies.

Who should attend?

  • Leaders and managers who are curious about succession planning best practices.

  • Leaders and managers who are skeptical of their ability to identify or nurture successors.

Why you want to learn it?

Every business is vulnerable to threats. But too few businesses and leaders stop to consider the possibility of becoming irrelevant. Harnessing the potential of company growth takes well-equipped leaders. 


"If you believe that training is expensive, it is because you do not know what ignorance costs." Leboeuf

Well-equipped leadership makes a difference. Here is how:

 

  • Team Performance: Several research studies have investigated the connection between the leader and business performance. Studies have demonstrated that effective leadership improves follower performance and promotes higher business results, follower job satisfaction, and follower organizational commitment.

  • Innovation and Creativity: Evidence suggests that leadership is essential for driving innovation in a company. A study involving over 400 executives from 48 companies connected strategy and innovation performance directly with good leadership habits.

  • Trust and Change: Studies have demonstrated that the level of trust in leadership directly correlates to employee retention, organizational commitment, and support for organizational change. Furthermore, when executives build trust, evidence suggests that organizational change readiness increases.

  • Internal Communication & Relationships: Words shape worlds. Studies have revealed that influential leaders enhance two-way communication, creativity, collaboration, job attitudes, and organizational commitment.

  • Leadership Transitions: Leadership transitions, whether successful or not, are costly. Evidence suggests that, on average, 35% of internally promoted executives fail, and direct reports spend 10-20% of their time helping a new leader transition. Successful leadership transitions increase company revenue, have 13% lower attrition rates, and are 90% more likely to achieve long-term performance goals. Leadership development is a leadership transition acceleration tool.

Want to personalize or bring A leader's Guide to Succession Planning training to your business?

Schedule

US $275

Date & Time (EDT)

Date: 12.12.2023
Time: 11:00 AM - 1:30 PM

Location

Railside Golf Club - Alder Room

2500 76th St. SW
Byron Center, MI 49315

Language

English

Terms and Conditiions

Here is our cancellation and refund policy.

More Details

Lunch is included in the registration price.

Early Bird Special: Save $50 if purchased 2 weeks before the event start date.

Questions? Interested in training your team of 10 or more? Fill out our contact form to get started.

Objectives

At the completion of this workshop, participants will be able to:

  1. Articulate the importance and benefits of succession planning.

  2. Articulate succession planning best practices, roles, responsibilities, attributes, and behaviors for leaders and employees

  3. Identify and evaluate employee performance and potential.

  4. Articulate high-impact employee development strategies.

  5. Articulate common succession planning risks and solutions.

How it will help you

You might be thinking to yourself, no one knows the future for sure, so why bother trying to build a pool of ready-now candidates? One of the most significant downfalls of strategic planning in today’s turbulent marketplace is that the process often fails to consider future changes in the environment. But, only relying on short-term planning is gambling with your company’s future.

Succession planning is intended to increase the availability of experienced, capable, and diverse talent, ensuring the right people in the right jobs now and in the future.

FAQs

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