Succession Planning: What to Think About When Preparing Future Leaders

Tuesday,
August 27, 2024
Time:
12:00 PM PDT | 03:00 PM EDT
Duration:
60 Minutes
Webinar Id:
304671
Register Now
Price List
Live
Version
$149. One Participant
$299. Group Attendees
Recorded Version
$199. One Participant
$399 Group Attendees
Combo Offers
Live + Recorded
$299 $348   One Participant
$599 $698   Group Attendees

Group Attendees: Any number of participants

Recorded Version: Unlimited viewing for 6 months ( Access information will be emailed 24 hours after the completion of live webinar)

Overview:

This webinar will help business leaders and HR professionals to begin the succession planning process in their company. Succession planning is a long-term and many layered process which requires critical thinking about the future of the company and the type of capable leaders that will be needed to achieve that future.

This webinar is just the first step in the succession planning process: looking at your organization objectively and making the types of high-level decisions that are needed to set the succession planning process in motion correctly and successfully.

Why should you Attend: Succession planning begins long before you have a key vacancy to fill. In fact, if you have a void in leadership, you not only have a hiring issue but a productivity and profitability issue as well. The time it takes to advertise the job, review resumes, conduct interviews, make offers and then onboard, allow for job acclimation and finally productivity can cost tens of thousands. In fact, DB Research Group estimates that the cost to fill a C-suite role can range from $7,000 - $50,000 per day!

The smarter and less anxiety producing methodology is to begin succession planning ASAP. BUT there are a number of key questions that need to be considered before you begin the process.

Unfortunately, there are no classes or certifications in how to conduct succession planning - until now. This webinar will get you started in the right direction.

Areas Covered in the Session:
  • Who to pick as future leaders?
    • Defining the "ideal" leadership candidate
    • Assessing internal candidates
    • Knowing what to look for when "going outside the organization"
  • Who is in charge of the HR process? Is it HR, the C-suite, an outside firm?
  • What is the time frame / lead time needed to develop a future leader?
  • Should we pick and choose the "most important" departments/roles, or is this a company-wide initiative?
  • How many levels of succession do we need?
  • How does succession planning align with our other HR processes - like performance management?

Who Will Benefit:
  • Senior Managers
  • Executive Directors
  • Vice Presidents
Instructor:

Dr. Nanette Miner is a speaker, author, and learning strategist. She is the Founder of, and Managing Consultant for, The Training Doctor, a boutique consultancy that specializes in customized curriculum design; now celebrating its 32nd year.
As a scholar-practitioner, she has authored books on various aspects of business management, marketing, and employee development, and has been published in, or quoted by Huffington Post, Fast Company, the BBC, and numerous industry and trade journals.
Dr. Miner has a doctorate in Adult Learning Theory and a passion for workplace learning - where time is of the essence and performance is non-negotiable.


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