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LEADERSHIP DEVELOPMENT & SUCCESSION PLANNINGAre You Ready for the Unexpected?
FastForward:Proven Framework forLeadership & Professional Development
Business Results. Accelerated.
4/30/2013
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ABOUT SKYE
We work with human resource professionals, business leaders, and company owners on organizational development efforts to help create greater alignment of employee performance with business results:
Leadership Development TrainingExecutive CoachingStrategic PlanningIndividual & Organizational Assessments
ARE YOU READY FOR THE UNEXPECTED?
ChallengeDeveloping core leadership capability to drive organizational competiveness and success
SolutionLeadership development and succession planning: Align the organization’s human capital management plan with its strategic plan
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OUR DISCUSSION
1. Review a model on the strategic aspect of leadership development and succession planning
2. Learn why organizational leadership strength is critical to the support and effective execution of a competitive strategy
3. Link HR activity and initiatives to building core leadership capability aligned with organizational strategy
4. Succession planning essentials
ALIGNMENT CHALLENGE
ValuesCultureMission
LongTerm
Initiatives
ShortTermGoals
DesiredEmployeeProfiles
ActualEmployee
Skills
Develop-mentPlans
Business Strategy Talent Management Strategy
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ENVIRONMENT
•Current Market Conditions
•Key Customers
•Key Competitors
•Key Stakeholders
•External Influencing Factors
•Market, Environment, and Technology Assumptions
STRATEGYBusiness
•What Business You Are In
•Current Products and Services
•Core Competencies
•Current Market Position
•Performance Against Key Industry Success Factors
•Current Distinguishing Strategy
•Current Strategic Focus
•Current Objectives and Goals
Organization
•Current Mission
•Current Guiding Principles
•Sense of Shared Vision
•Current Management Philosophy
CULTURE
•Work Culture Norms
•General Morale
•Job Satisfaction
•Worker Attitudes, Behaviors, and Beliefs
•Management Attitudes, Behaviors, and Beliefs
RESULTS
•Current Key Result Areas
•Current Measurement and Tracking Systems
•Resource Inventory: Equipment, Capital, Manpower, Materials, Technology
•Current Financials: Revenue, Cost Structure
CORE PROCESS
•Physical Layout Map
•Core Processes Maps
•Support Processes Maps
•Key Processes Maps
•Key Process Variances
•Process Cycle Time and Efficiency
•Computer Delivery System
STRUCTURE
•Organization Chart & Reporting Relationships
•Organization Levels & Staffing Numbers
•Span of Control
•Current Groupings
•Linking Mechanisms
•Job and Role Structures
SYSTEMS
Coordination
•Communication and Information Sharing
•Decision Making and Authorization
•Measurement & Feedback
•Goal Setting
•Policies and Procedures
Development
•Recruitment &Selection
•Orientation
•Training & Development
•Progression & Promotion
•Performance Evaluation and Feedback
•Compensation
•Recognition
STRATEGY CULTURE
SYSTEMS
THE TRANSFORMATION MODEL
StrategyLeadershipExecution
ACHIEVEMENT MODEL
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IMPORTANCE OF LEADERSHIP STRENGTH
Alignment / Top down understanding and communication of mission, visionCascading goals and objectivesDelegation, empowerment, accountability, and growthLeaders teaching leadersReinforce cultural values
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LEADERSHIP PRESSURES
• The talent pipeline often lacks sufficient numbers to replace leaders
• The organization's expansion goals outstrip the amount of internal talent needed
• Globalization and increasing technological demands make the leader's job more difficult than ever
Source: Graziadio Business Report, 2007, Vol. 10. Issure 2
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LEADERSHIP PRESSURES (CONT’D)
• Problems with strategic direction, organizational alignment, and employee commitment continue to exist and are exacerbated in the current competitive environment
• Human resources professionals and those responsible for leadership development feel increased pressure to demonstrate value
• Leadership development initiatives are not integrated with business needs, and consequently, are of questionable value to internal customers.
Source: Graziadio Business Report, 2007, Vol. 10. Issure 2
PerformanceManagement
TalentManagement
RewardsManagement
Recruitment &Selection
Career Management
Succession Planning
Senior ManagementDevelopment
BU
SIN
ESS
STR
ATEG
YB
USIN
ESSR
ESULTS
LINKING TALENT MANAGEMENTTO STRATEGY
Training&
Development
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Promotion& Advancement
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PURPOSE OF TALENT MANAGEMENT
• Fosters a process of building leadership capability across the lines of business / support functions
• The emphasis is on developing a broad spectrum of talent within the management ranks so that the availability of internal talent will not be a constraint to the organization's strategic direction
• Identify the key leadership success factors
DESIRED OUTCOMES
1. Retention and development of high potential employees
2. Builds internal staff capabilities (bench strength) for the emerging organizational demands
3. Maps various succession options
4. Facilitates developmental moves across the organization
5. Establishes a professionally managed organization with the systems in place to ensure that it will have effective leaders going forward
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CHANGING NATURE OF WORK & ORGANIZATION
Demographics (net-generation, diversity)GlobalizationTechnologyRedefined concept of ‘Loyalty’Challenges in differentiating high performers from poor performers Wanted rapid career progression
SUCCESSION PLANNING
PerformanceManagement
RewardsManagement
Recruitment &Selection
Career Management
Succession Planning
Senior ManagementDevelopment
BU
SIN
ESS
STR
ATEG
YB
USIN
ESSR
ESULTS
Training&
Development
TalentManagement
Promotion& Advancement
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A DEFINITION / SUCCESSION PLANNING
A systematic effort and process of identifying and developing candidates for key leadership and professional positions over time to ensure the continuity of management and leadership in an organization
WHAT IS SUCCESSION PLANNING?
• Constant change planning• An organizational journey, not a project• Ensuring continuity of leadership• Identifying gaps in existing talent pool• Identifying and nurturing future leaders
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WHY SUCCESSION PLANNING
To identify replacement needsTo provide opportunities for high potential workers (retention)To increase pool of promotable employeesTo support implementation of a strategic business planTo guide individuals in their career pathsTo encourage the advancement of diverse groupsTo improve ability to respond to changing environmental demandsTo improve employee moraleTo cope with the effects of downsizing, attrition, retirements
Organizations supersede Individuals – visionaries are those who groom their young talent to take the lead position and to take the cause of the organization forward
SUCCESSION PLANNING ESSENTIALS
Purpose and guiding beliefsHuman resource forecastingCompetency model/setAssessment processesRecruitment processesIndividual development plans
Competency development activitiesIncentives & rewardsRetention strategiesRole delineationsCareer pathsProgram evaluation mechanismsKey stakeholder involvement
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CEO/ Leadership Commitment & Involvement
Education and Training
Self Development
Competency driven Strategically Targeted Rotational Assignments
Future Competencies Needed Aligned with Strategic Plan
Results1. Talent Driven
culture2. Accelerated
Development3. Vision for future
advancement
AccountabilityMeasurability
SUCCESSION PLANNING MODEL
Ref: Effective Succession Planning / Matthew Tropiano, 2004
Pre‐planningCommunicate
Plan
Assess Bench Strength
Identify Talent
Develop Talent
Evaluate Succession Planning
CommunicationIdentify Leadership Characteristics
SUCCESSION PLANNING COMPONENTS
4/30/2013
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FreeLeadershipWorkshopMay23rd /8am‐11:30am
The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute's criteria to be pre-approved for recertification credit.
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603-881-9999
877-603-SKYE
SKYE Business Solutions
David Liddell