leadership succession management better boards conference 2015
TRANSCRIPT
LEADERSHIPSUCCESSIONMANAGEMENTBetter Boards Conference 2015
0-40%
ConclusionGood leadership is contingent, and can be defined, controlled and developed
Leadership Succession ManagementA deliberate and systematic process to ensure leadership continuity in key positions
15%
40%
70%
“The role of the nomination committee is usually to review and make recommendations to the board in relation to: [ ] ensuring there are plans in
place to manage the succession of the CEO and other senior executives.”
ConclusionLeadership Succession Management is becoming mandatory yet only 20% of organisations do it well and 20-50% not at all
Leadership Succession Your experience? When it worked well When it did not work so well
The Succession Continuum
‘Fingers Crossed
’
Replacement Planning
Succession Planning
Succession Manageme
nt
3 Key Questions1. What capability do we need going
forward?2. What capability can we access?3. What do we need to do to close the
gaps?
Implications for ALL boards Requires a defined process Requires making time It must start with identifying the
leadership needs of the organisation
Discovery1
Evaluation
2
Development3
Decision4
Transition5
Discovery1
Performance
Tasks
Evaluation
2
DevelopmentOpportunities
Development3