Succession planning in any business can be challenging. Finding a qualified candidate to replace yourself; being ready, willing, and able to let go; and ultimately orchestrating the many handoffs with your customers and staff takes not just personal commitment but…
After 33 years on the air and over 6,000 shows, David Letterman is now the longest-serving late-night talk show host in TV history. He started “Late Show with David Letterman” in the Ed Sullivan Theater in New York City for…
With 10,000 Baby Boomers reaching retirement age every day, succession planning has never been more important than in today’s multi-generational workforce. Unfortunately, there are not nearly enough GenX or Millennial leaders available to fill those shoes. In addition, those who…
Your organization likely employs multiple generations of employees, from Baby Boomers to Millennials. With such diversity, how can you find and coach your next generation of leaders? Which of their widely varying skills and motivations should be developed to have…
Your organization likely employs multiple generations of employees, from Baby Boomers to Millennials. With such diversity, how can you find and coach your next generation of leaders? Which of their widely varying skills and motivations should be developed to have the…
With nearly 10,000 Baby Boomers reaching retirement age every day, we are in an unprecedented period in organizational life and must consider the implications for our future. Many business owners and leaders need to determine who will succeed them as…
Why is it that so many leadership succession processes begin when that very business executive we need to replace announces he or she is going to retire? Isn’t that like having the horse in back riding alongside the driver rather…
I support a lot of individual business leaders and owners who are quickly turning their attention to their “third acts” in life. In every one of these situations – whether it’s the third-generation business leader maintaining the family’s traditions for…
Many see the key to success in succession management as identifying and then developing the CEO successor. It’s not just grooming your next-generation leader that makes succession management a success though. There are two other critical elements to succession management…
