Succession Planning

Looking To The Future!

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Succession Planning
Looking To The Future!

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Succession planning is an activity that more and more organizations are embracing in an effort to ensure that key roles can be filled with quality individuals within the company.

Employees who want to take full advantage of the succession planning process need to have a clear awareness of what attributes and experience upper management is looking for.

Successful candidates in the succession planning process will master the following four areas:

1. Acquire Organizational Knowledge Top leaders are constantly scanning the environment both within and outside their own organization.

   Ensure you remain up-to-date on your organization and its competitors by reading annual reports and other relevant publications.

   Following the key developments of your main competitors will provide you with valuable information that will impress upper management in future discussions. Your interest in the industry will highlight your ambition and self-starter qualities.

   Learn a much as you can about your organization. This knowledge will serve your well in any role you hold, including your current job.

2. Build a Solid Network It would be difficult to undervalue the importance of establishing and maintaining a quality network that supports your ambition.

   Identify and develop mutually beneficial relationships with experienced people both within and outside your company.

   Make efforts to join special activities at work (I.e., committees, task forces, etc.) and outside your organization (I.e., associations, social events, community activities, etc.) as a way of meeting people who can support you.

   Do your part to assist and support those within your network. Invest time and effort in helping them get what they want so that they will be eager to assist you when you need them.

3. Prove Your Worth! The best way to get noticed by upper management is to be a top performer in what you are currently doing.

   Employees too often make the mistake of thinking that “just as soon as I get a management job, I will show them just what I can do”.

   The fact is that you can LEAD in any role. While you may not possess the authority to tell others what to do – you can still positively influence others to try harder, increase quality, provide better service and support the goals of the organization they work for.

   In short, real leaders – LEAD. You can also be certain that future leaders, lead before they hired to lead.

   Those in upper management would give anything if only the entire workforce would fully embrace their ideas, goals and objectives without any convincing on their part. The best way to become a valued employee is to embrace the goals of the company and do your part to support and promote those objectives.

4. Get Yourself Ready! Succession planning in any organization will identify those individuals within the organization who are best prepared to move into future key leadership roles.

   Right now, you are either ready for that next step, or you are not ready.

   To ensure that you ready for the job, when the opportunity arises, you need to do everything you can to improve yourself.

   Leaders are continually self assessing their abilities and effectiveness. They are always on the look out for ways to improve themselves. They seek out those who can provide new and innovative ideas, tools and resources.

   You need to take full ownership of your own learning curve. Once you own it, you’ll have no choice but to recognize your strengths and weaknesses.

   Take action now to address areas that needs improvement. These same areas may well be the key attributes that will end up getting you the job!

Managers who wish to take full advantage of the succession planning process are well advised to approach the process from the eyes of those who will be assessing them.

Once you have determined what upper management values and is looking for in their future leaders, you can quickly put yourself on a path of self-improvement that will increase your chances for promotion in your organization.

Use the succession planning process to your advantage. Look at the process as a way to prepare yourself and increase your value within the organization.

Stabilize Your Workforce! Effective leaders plan for the worst and prepare for the best.

Succession planning tools are critical for continued business growth.

Effective future planning is a key activity for any business that is intent upon maintaining a stable and effective workforce.

It's important for a business owner to ensure that there are highly qualified people in all positions, not just today, but tomorrow, next year, and years into the future.

How Does Succession Planning Help?

Click here to read the full article and request your FREE SUCCESSION PLANNING TOOL - courtesy of Leadership-Tools.com

In addition to our free succession planning tool, we realize you may wish to research the subject in more depth – and you should.

We strongly believe that as leaders grow and develop, so do their respective “library of resources”. The book Effective Succession Planning is a quality resource that we are recommending to our valued readers.

In exhaustive detail William J. Rothwell shows you the how’s and why of succession planning and management in this second edition of his landmark book.

Everything is covered here, from the legal implications of hiring and firing and online and high-tech resources to major trends that will affect succession planning in the years ahead.

Effective Succession Planning shows leaders how to develop, monitor, and evaluate talent and skills in individual employees in order to promote effectively from within.

Now thoroughly updated and expanded—this is the most comprehensive book on systematic succession planning that we are aware of.

Leadership-Tools.com is pleased to recommend this important selection.

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