The Dilemma behind Succession Planning
One of the most common leadership development questions that we hear from executives is, “Why does succession planning feel like such a waste of time?” We have worked with CEOs of fortune 500 and owners of smaller companies with less than a 100 employees and everything in between. When we talk, the common concern is the lack of bench strength in their companies. They are very worried that they lack sufficient “just in time” candidates whom can replace planned & unplanned losses of key leaders. As a result, the future continuity and performance of the business is at risk. These same executives also tell us that their companies have been doing succession development and planning for years. There lies the first problem: planning doesn’t equate execution.
The Road to Succession
By working with the executive team, we evaluate what gets measured and what gets rewarded. Leadership development has to be a priority for the company to establish goals and track progress otherwise, it will be difficult to make any succession planning process work. Dr. Farnaz engages in a partnership with senior executives to establish goals in support of succession planning and ownership toward leadership development.
I have had the extreme pleasure of working with and referring clients to Farnaz. She is an eminently educated, meticulous, insightful and innovative professional. I have successfully referred clients to her who have been extremely satisfied with their results.
Financial Advisor at Ameriprise Financial
Ready to make progress? Get started today!
Photo Credit: Dell’s Official Flickr Page
Center for Work Life of Orlando, Florida is an award-winning executive development firm providing leadership and management training to executives and organizations. Our main services include executive coaching, leadership development, executive succession planning, emotional intelligence training, career planning, staff development, and communication in the workplace.
Needs and topics addressed within these categories include: management styles, situational leadership, developing leadership qualities, executive recruitment training, work life balance, emotional intelligence training, work performance, stress management in the workplace, stress management activities, time management activities, team development, problem solving activities, management consulting training programs, professional communication, assertive communication coaching, interpersonal skills for top performers, effective communication styles, communication techniques, public speaking skills, presentation skills, and conflict management strategies.
Effective Public Speakers can be difficult to find, but Center for Work Life has that covered too. As a leadership, communications, and change management speaker, Dr. Farnaz Namin- Hedayati of Center for Work Life raises the bar in interactive presentations. We can also help companies conduct organization research and run focus groups.