Dear Workforce: How Can I Determine Future Leaders For Our Succession Plan?
Determine your priorities for spending time and money. The only way to discover if a person is interested in being identified as a future leader is to ask.
Dear Workforce:
We are implementing a phased-in plan for succession management. During the
first phase, our focus is on the top 300 leaders. However, I would like to place
logic behind this decision: who are the corporation's most important learners?
How can I know if they are motivated to learn and teach?
-- Focused on training,
technologist, services sector, Jeffersonville, Indiana.
Dear
Focused:
Since Sept. 11, 2001, senior leaders are considering how to ensure
leadership continuity and build leadership talent from within. This can be done
through succession planning.
Take a structured approach by identifying the core competencies that make a
successful leader at your company. After identifying these competencies with
your current leadership team, you should appraise their direct reports and
include any people with high potential.
Through this process, you'll be able to differentiate your next senior leader
from your "steady-state" manager, and where the gaps are in terms of people,
skills, and experience.
(By "steady state," I mean someone who either does not have aspirations to
climb the corporate ladder or has professionally "peaked," meaning they do not
have the skills to move to the next level. Every organization needs
"steady-state" managers as well as "high potential" managers. If there were too
many of the latter, the organization would not function at its maximum
effectiveness.)
Because every company has limited resources, you should determine your
priorities and where you want to spend your time and money. Perhaps you will
focus on the areas you see as the biggest risk/gaps, or on your top performers
and most promising future leaders. This isn't to say you won't develop the
remaining group; you just have limited resources available right now.
Before you begin developing a plan of attack, you should speak with every
individual you've identified as a future leader. The only way to discover their
motivations is to ask. While you want to conduct succession planning
confidentially, you should share the results when they're positive for an
individual. Identifying and communicating this information can really motivate
someone. Another reason to communicate: you're about to invest substantial
resources in someone, and you want make sure she's committed. Of course, you
don't want to penalize those who aren't interested. After all, you've identified
them as top performers and don't want to lose the value they provide. There is
always a need for "steady-state" managers to preserve continuity as management
changes are made.
Once you've achieved commitment from your target population and approval from
your current senior leadership team, you'll find the implementation process of
your plan difficult but rewarding. Just remember, you are substantially
affecting the organization's longevity and continuity in one of the most
strategic ways possible.
SOURCE: Don Gaile,
principal, DMG Consulting Co., New
York City, New York, Feb. 18, 2003.
LEARN MORE: Read
Five Keys
to Successful Succession Planning.
The information contained in this
article is intended to provide useful information on the topic covered, but
should not be construed as legal advice or a legal opinion. Also remember that
state laws may differ from the federal law.
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