Succession Planning

Don’t Be a Chicken. Get a Succession Plan, I Dare You!

Posted in Succession Planning on March 3rd, 2010 by Lois Melbourne – Be the first to comment

Don't be a chickenI know I’ve been writing a lot about Succession Planning lately, but this business discipline is in need of serious management and strategic attention and  re-creation. I found this article, Opening Up Succession Plans, about Frontier Communications’  succession planning particularly interesting.

I’ll let you read it and then I’ll ask a question…”Are you a CEO  afraid to build out your succession plan because it’s planning your own funeral?” I have at least two pieces of advice for you. read more »

Got Succession Planning Phobia? You’ve Got Problems

Posted in Succession Planning on February 11th, 2010 by Lois Melbourne – 1 Comment

fearMSclipartIt is amazing to me how many businesses McKinsey & Company find that have not built succession plans, even for their CEO. That’s nearly half in the study. Considering that 100% of us die at some point in time, and 100% of us eventually leave our jobs in one way or another, it’s unbelievable anyone would consider not building a succession plan immediately for their CEO and key employees throughout the organization. What are they scared of that could possibly be worse than a gap in their leadership? read more »

Engagement Royale

Posted in Succession Planning on January 27th, 2010 by Lois Melbourne – 1 Comment

cardsroyaleFirst Quarter of the year is often the peak of the performance review and goal setting season. I have a few tips which are making these sessions much more enjoyable at Aquire this year. read more »

The Career Pyramid – A Great Monument to Planning

Posted in Succession Planning on December 9th, 2009 by Lois Melbourne – Be the first to comment

One reason Aquire is successful is that the most common way companies visualize their organization mentally and literally is through the org chart. Yet there is another triangular image in the career and talent management visualization which is also important. This is the Career Pyramid.

I have never liked the term “climbing the corporate ladder.” It implies that your career path is going to be linear. I have seldom seen paths to career nirvana as straight lines. Instead, there is an analogy, pulled together by Lindsey Pollak, that aggregates several examples of why building your career as a pyramid is valuable. read more »

Are You Planning for Technology and Financial Executive Succession?

Posted in Succession Planning on August 5th, 2009 by Lois Melbourne – 1 Comment

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The information provided in this recent article, Plan For CIO Succession, in this week’s issue of Processor® , is very valid for many positions.

As is so often demonstrated, the talents of the executives must be a blend of many competencies. Identify the skills you want to see in your organization’s leadership and then track them for each possible candidate, better yet, for all employees. Ideally, executives must be able to balance their strengths at: read more »