Succession Planning: How to Identify & Develop Your High Potentials to Quickly Fill Critical Positions!

  • 10
  • December 2024
    Tuesday
  • 10:00 AM PST | 01:00 PM EST

    Duration:  60  Mins

Level

Intermediate

Webinar ID

IQW24L1215

The focus of this webinar is to learn how to integrate the best practices of succession planning into your organization and will cover the following objectives.

  • Learn the 3 reasons why succession planning is so essential during times of rapid change.
  • Compare succession planning vs replacement planning: They are different.
  • Discover the seven deadly sins of succession planning: What not to do!
  • Appy the seven best practices of succession planning: How to make it work! 
  • Examine the pros and cons of internal vs external to fill specific positions: Which is better?
  • Understand the 70-20-10 rule for developing your future leaders: What it is and how to use it.
  • Utilize the Center for Creative Leadership’s 3 key elements for leader development: Assessment – Challenge -Support

Overview of the webinar

Succession planning is not just naming the new CEO. In fact, it's not about putting a name behind a title at all. That is called replacement planning.  And when it is only used during times of crisis - when a company must name somebody to fill a vacant role quickly - that’s not succession planning either. That is crisis management! 

Therefore, best-practice organizations utilize succession planning to not only prepare for potential leadership challenges, but also to rely on such plans to develop and maintain the strong leadership that is required to grow and keep pace with changes in their business, industry, and overall marketplace. Succession planning will continue to become more integrated into the everyday life of organizations, moving from a formal ‘annual event’ to become a part of the daily fabric of doing business.

Realize that all organizations are only as strong as their leaders. High performing organizations make leadership development, at all levels, a top priority. So how does your organization shape up? Which of the top best practices are being used in your organization to develop leaders? Which of these practices should you consider adopting to develop your future leaders?

This webinar will cover these key areas for effective succession planning.

  • How to identify your potential leaders who can assume greater responsibility in the organization
  • How to build leadership competencies that will be required for positions today and the future
  • How to support the leadership development of your top talent as well as your high potentials

Who should attend?

  • CEO’s
  • COO’s
  • VP of Human Resources
  • Human Resources Professionals
  • Chief Learning Officer
  • Directors
  • Project Managers
  • Operation  Managers and Supervisors
  • Team Leaders

Why should you attend?

So, why as a senior leader, or line manager or human resource professional, should you be concerned with succession planning when you have so many other problems and demands to deal with?

The reason is that the pandemic and post-pandemic years have created massive challenges for every organization- big and small. Therefore, effective leadership, at all levels, will be more crucial than ever to thrive in this shifting political, economic, demographic and social environment.

The goal of succession planning is to continuously identify and develop high-performers capable of meeting the present and future needs of your team, department, or business.

Through the real-world succession planning process outlined in this webinar, you then can recruit superior employees, develop their knowledge, skills, and abilities, and prepare them for advancement into ever more challenging roles. This will guarantee that you have a strong leadership bench strength on hand to quickly fill new or vacated role as well as deal with the unexpected challenges that can occur during these changing times.

Faculty - Ms.Marcia Zidle

Marcia Zidle is a board-certified executive coach, business management consultant and keynote speaker, who works with organizations to leverage their leadership and human capital assets that results in higher performance and profitability.

She has 25 years of management, business consulting and international experience in a variety of industries including health care, financial services, oil and gas, manufacturing, insurance, pharmaceuticals, hospitality, government and nonprofits.

She brings an expertise in social and emotional intelligence; executive and team leadership; employee engagement and innovation; personal and organization change management.

She has been selected one of LinkedIn Profinder’s top coaches for the past 5 years.

Credits

ComplianceIQ is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org

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