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Crafting a Legacy: The Importance of Succession Planning in Family Businesses

N2Growth Blog

Understanding the Concept of Succession Planning Succession planning is a critical aspect of organizational management. It is a proactive strategy that ensures an organization is ready to handle sudden or planned departures of critical workforce elements. This procrastination poses a significant challenge.

Planning 235
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People First Policies: How to Create a Competency Development Plan

HR Digest

If there’s one thing we know about employee-centric investments, it’s that you can never go wrong with a good competency development plan. Empowering employees to develop and hone their skills is not just a nice-to-have, but a strategic imperative for organizations seeking to stay ahead of the curve.

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Burn the Boats: Toss Plan B Overboard and Unleash Your Full Potential

Leading Blog

I F you’re looking to expand your thinking, then look no further than Burn the Boats: Toss Plan B Overboard and Unleash Your Full Potential by Matt Higgins. For those of us that have always heard, “Always have a Plan B,” burning the boats may sound reckless. Should you process risk? Absolutely.

Planning 306
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How to “Freshen up” your Stale Succession Planning Process

Great Leadership By Dan

I recently asked readers to submit their burning leadership development questions. I am struggling with how to take our established Succession Process to the next level. We have been using the 9 box and Likely 5 process for a number of years, and I am trying to figure out what is next and how to freshen up the process.

Process 231
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The Changing Landscape of C-Suite Executive Tenures: Insights and Implications

N2Growth Blog

Real-life examples of declining tenure among C-suite executives in Forbes Global 2000 or S&P 500 companies include General Electric (GE) and McDonald’s Corporation, which have witnessed shorter CEO tenures in the last decade. This highlights the importance of succession planning in ensuring smooth leadership transitions.

Execution 390
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October 2020 Leadership Development Carnival

Lead Change Blog

Welcome to the October 2020 Leadership Development Carnival! We’re excited to share posts from leadership experts from around the globe on the topics of communication, development, engagement, motivation, productivity, team building, and more. Now’s the time to reboot your communications plan for an even stronger future.

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6 Tips to Improve Your Hiring Process

Leading Blog

In my experience, this is usually because the impact is not as immediately visible as for example when they make an investor presentation that goes badly or fails to convince the Board during a key presentation. Review your hiring process. If these are not defined, you cannot hire to them, and your people cannot develop toward them.

Process 276