Tag Archives: Succession

5 Steps to Successful Succession Planning

Rick Lepsinger — August 1, 2018 Follow @onpoint_llc — August 1, 2018 StartupStockPhotos / Pixabay Despite dedicating many resources toward training and development, many organizations still find themselves short-handed when it comes to effective leadership. Stunningly, a Harvard Business Review survey showed that only 15% of North American companies claimed to have a pipeline of … Continue reading 5 Steps to Successful Succession Planning

Succession Planning: The 2 Most Important Elements For Success

Darleen DeRosa — March 26, 2018 Follow @onpoint_llc — March 26, 2018 Having a pipeline of high-potential employees who can step up to different leadership positions in your company will have a significant impact on the long-term success of your business. For example, as noted in research by CEB/Gartner, “only 1 in 7 high performers … Continue reading Succession Planning: The 2 Most Important Elements For Success

5 Ways to Evaluate the Effectiveness of a Succession Strategy [Case Study]

Brent Holland — November 23, 2016 — November 23, 2016 It would make little sense for an organization to develop a succession management program without a defined plan for evaluating its effectiveness. But how can organizations evaluate their succession management program? The five guidelines below provide organizations with a proven method to determine whether or … Continue reading 5 Ways to Evaluate the Effectiveness of a Succession Strategy [Case Study]

Who Will Lead? Qualities of a Winning Succession Management Strategy

Brent Holland — November 6, 2016 — November 6, 2016 Succession planning is key to smooth transitions. However, according to a recent survey of 783 directors conducted by PricewaterhouseCoopers, only 48% of executives feel their board is spending sufficient time on CEO succession, and just 27% of directors surveyed felt confident their company has adequate … Continue reading Who Will Lead? Qualities of a Winning Succession Management Strategy

Succession Planning When Your Company Is In Crisis Mode

by Darleen DeRosa April 14, 2016 Follow @onpoint_llcApril 14, 2016 Succession planning is always important, but sometimes it is urgent. A key leader resigns without notice. A high-level manager and several of his team members are fired for ethics violations. Or, a company is experiencing rapid growth and needs to accelerate hiring for leadership positions … Continue reading Succession Planning When Your Company Is In Crisis Mode

Avoiding The Enormous Costs Of Poor Succession Planning

Darleen DeRosaAugust 11, 2015 When it comes to identifying and developing future leaders, ignorance can be costly. Without a robust succession management plan, your company will spend more money recruiting and potentially replacing leaders who turn out to be the wrong fit. Unfortunately, many companies struggle to get a handle on succession management as they … Continue reading Avoiding The Enormous Costs Of Poor Succession Planning

Succession Management: How AmeriGas Identified High Potential Employees

Darleen DeRosaApril 21, 2015 Your company probably has a succession management plan for your CEO, but what if one of your top performing mid-level managers submitted a resignation letter tomorrow? Mid-level managers are the foundation your business is built on, and the cost of replacing them is significant. Some industry experts estimate it’s upward of … Continue reading Succession Management: How AmeriGas Identified High Potential Employees

A Beginner’s Guide to the Do’s and Don’ts of Succession Planning

Sean PomeroyMarch 4, 2015 Often, there doesn’t seem enough hours in the day to complete all of the daily priorities we’d like to. This usually results shoving smaller, long-term projects in the corner to collect dust. While planning is tedious, it should never be last priority; especially when creating succession plans. Let’s say you continuously … Continue reading A Beginner’s Guide to the Do’s and Don’ts of Succession Planning