Leadership Succession - Whom Do I Develop?
Not too long ago, I spoke to a fairly large gathering of people involved in Human Resources, Organizational Development, and Talent Management. Some worked for privately held businesses, some worked for the publicly held sector, and some worked for the government sector. Regardless of their affiliation, all had questions about what groups of people get the benefit of development dollars.
When this topic inevitably came up, I shared a story that goes back more than fifteen years. My client and I were finishing the definition of the scope of the development project under negotiation. Tom made it clear that he wanted family members involved, and then he added, “I don’t have to do everyone do I?” To that I replied, “Of course not, Tom. You just tell me whom you want to leave ineffective and non-productive; and we’ll skip right over them.” Tom decided to include everyone.
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Labels: business succession planning, family business succession planning, key manager retention, successor development |
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