Earley Executive Roundtable - Building a Digital Transformation Roadmap
Brought to you by COSBE’s Executive Roundtable Program€¦ · MRA – THE MANAGEMENT ASSOCIATION...
Transcript of Brought to you by COSBE’s Executive Roundtable Program€¦ · MRA – THE MANAGEMENT ASSOCIATION...
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Brought to you by COSBE’s Executive Roundtable Program
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Platinum Sponsors
Program Partner Media Partner
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MRA – THE MANAGEMENT ASSOCIATION
Smart Succession PlanningMMAC/COSBE EXECUTIVE ROUNDTABLE FORUM
Presented by: Lisa Pook
Organization Development Manager
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MRA – THE MANAGEMENT ASSOCIATION
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MRA – THE MANAGEMENT ASSOCIATION
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MRA – THE MANAGEMENT ASSOCIATION
Objectives
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Share 3 steps for successful succession
management
Identify best practices
Ask 5 key questions that will help you
with your succession planning
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MRA – THE MANAGEMENT ASSOCIATION
What is it?
Succession Management is the management process of ensuring that the right person is in the right
position at the right time with the right abilities.
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Think Process
• Choosing people• Identifying
positions• Dealing with
timing• Developing
knowledge, skills, & abilities
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Why aren’t owners planning?
• Enjoy the companytoo much
• Too busy to plan• Too far in the future• Don’t think it’s necessary
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The HOPE Model
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Key Question
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What keeps you from planning?
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MRA – THE MANAGEMENT ASSOCIATION
Action Items!
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Build a Framework
Find your NextLeaders
Engage and Develop
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Building a FrameworkBusiness goals and strategies are drivers
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FrameworkMission, culture, values are an anchor
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Framework
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• Capitalize on Current State strengths and challenges
• Describe the desired Future State
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Key Question
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What changes will your organization experience in the next 3 to 5 years?
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Key Question
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Where do you anticipate turnover in leadership and critical positions?
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MRA – THE MANAGEMENT ASSOCIATION
Find Your Next Leaders
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Positions to Include
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C-level
Leadership
Critical positions
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Identify Candidates: Performance
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• Experience level• Past and current
performance
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Recognize Potential
We’re not necessarily doing what we’ll need to
do in the future
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Key Indicators
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• Learning Agility• Self-Awareness• Drive to Achieve and
Excel
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Key Question
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Think about successful leaders in your company. What characteristics do they
share?
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Engage and DevelopIdentify and assess development needs of your potential leaders
CompetenciesWorkExperiences
Technical Knowledge
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Leadership Competencies• Vision & Strategy• Performance
Management• Managing Relationships• Talent Management• Ethics & Integrity• Communication• Innovation• Political Savvy• Team Building
• Diversity & Inclusion• Adaptability & Agility• Motivation• Problem-Solving• Conflict Management• Delegation• Self-Assessment• Trust & Authenticity• Change Management
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MRA – THE MANAGEMENT ASSOCIATION
“These are the people I want to have stick with me.”
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Development Plans
• Goals• Activities• Measures of success• Potential barriers and
how to overcome them
• Work the plan!
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Development Activities
• 70/20/10• Coaching • Mentoring• Stretch Assignments• Range of experiences
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Key Question
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What is a potential barrier or roadblock to following through on development
planning?
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Exit Strategy
• Have your plan• Agree on roles
and interactions• Honor them• Let go
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Build in Accountability
• Link to talent management• Standardize tools• Communicate• Goals for senior leaders• Standing agenda item
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MRA – THE MANAGEMENT ASSOCIATION
Key Question
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What next step will you take to manage succession in your organization?
Bonus
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MRA – THE MANAGEMENT ASSOCIATION
Want to talk more?
Lisa [email protected]
Marc Padron262-696-3681 [email protected]
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MRA – THE MANAGEMENT ASSOCIATION
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