Successor Assessment
Our 360° Successor Assessment examines 35 traits, competencies, and behaviors that are essential for a leader’s effectiveness. These 35 competencies fall within 4 domains: Character Traits, Interpersonal Competencies, Strategy Related Skills, and Decision-Making Skills.
It’s conducted online and is completely confidential. The result is a comprehensive report that we’ll debrief with you, highlightinh strengths and areas for improvement.
Successor Development
Our Successor Development Program is the perfect solution for grooming a successor for leadership and ownership. Although your successor may have years of experience and expertise, the skills that got them where they are, aren’t the same skills needed to successfully lead a company.
If a successor takes over a company and has only mastered the mechanics of a business, he or she is likely to stumble. In fact, studies show that almost 70% of successions fail. It’s nearly impossible for an owner to effectively develop his or her own successor because of interpersonal dynamics, blind spots, objectivity, time constraints and skill set.
Executive Coaching can help an executive better understand people and their behaviors, become more inspiring, have greater influence within the organization, and make better decisions. By developing the best strategies possible, growth and profitability will be accelerated and execution of strategies enhanced.
Successor Recruiting
Finding the right person to succeed you as owner has so many implications. The continuity of the company (and your legacy) relies on it. The livelihood of your people (and their families) relies on it. And the ability to make purchase payments (and fund your retirement) relies on it.
Our proven recruiting process can help you find the right person to bring on board. They’ll be a great fit to your culture. They’ll have the personality needed to run your company. And they’ll have the necessary experience and expertise to succeed. Our approach has been developed over decades of experience.
For more details, visit our recruiting website:
www.Successor-Recruiting.com
Leadership Team Evaluation
Whether you (or your client) want to maximize the likelihood of selling a business (and selling it at full price) or you want to ensure that a business being considered for purchase has a strong leadership team, the strength of the leadership team must be objectively established.
That’s what our Leadership Team Assessment will do. We conduct a 360 Assessment on each of the top leaders (usually 3-10 executives) and provide a Leadership Team Assessment Summary along with a detailed Assessment Report on each of the leaders.
This team assessment is an invaluable tool in establishing the strength of the leadership bench and/or highlighting the areas that need bolstering in order to maximize/establish the business’ value.
Visit our Leadership Team Evaluation page to view sample reports.
