Case Study on Succession planning and future leader pipeline

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ubcnewsworld
Business & Economics
Case Study on Succession planning
and future leader pipeline
One of the challenges every
company faces is to identify
and assess future leaders,
internally or externally.
The definition of a leader is a
person with vision, insight into the
future and the ability to create and
run an execution plan or
strategies based on their past
experiences.
The dreams of a company will come
true if this leader shows courage and
keeps moving forward regardless of
temporary setbacks and not give up
right when one more idea would have
made that company go viral in a big
way.
How do you find such leaders? Even if some
think they have done the above, how do you
determine how will they be able to do it again
for your company? There are several articles
and studies on characteristics of a leader and
what to look for in succession planning,
including the concept of conscious
We spoke to a diversity leader last
week, when the discussion became
quite passionate about leaders who love
to debate about the present conditions
of a company or market but do not
provide their insight on how to make the
problem go away.
Here are the top 5 steps to take
during evaluation of future leaders:
Evaluating the understanding their
knowledge of the business, the
competition and what are the
current trends within.
If they were the leader to grow a division
today, then what are their strategies and
ideas to do so? This sounds quite
straightforward but when you talk to leaders
there are several who will ask you for the
goals and strategies that have been applied
or what the company wants to do.
Now you might challenge by
stating that an articulate leader
might be able to manage the
answers in an interview but
might not be able to execute it.
This is where we need leaders
who don't just articulate the
problems or get stuck in a
political debate but leaders who
can see the future and solve
challenges associated with it.
Listen to our CEO talk about
Future Leaders in the Link
below The case study is
available at https://go.
Contact At:
greg.foley@thefervidgroup.c
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http://www.thefervidgroup.co
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