Our Successor Development Program is the perfect solution for preparing a successor to take over leading a company. Our program will help them lead more effectively, communicate more clearly, have greater influence within the organization, and make better decisions.
Don’t make the mistake of thinking that just because a successor knows the mechanics of your business (how to make the products and/or deliver the services) that he or she is prepared to run the company. There are four stages to developing a successor, and most owners stop after the second stage.
In contrast, a well-prepared successor will:
* Bring Out the Best in People *
* Achieve Greater Growth and Profitability *
* Minimize Employee Turnover and Customer Loss *
How the Program Works:
1. Executive Assessment: We start with a comprehensive 360° assessment to reveal a successor’s strengths and identify competencies that need improvement.
2. Executive Development & Coaching: Based on the results of the assessment, we’ll create a 6-12 month coaching program designed to improve a successor’s weaker competencies and enhance their strengths.
3. Mentoring: We’ll also strategize with the owner to help him or her mentor the successor and expand their responsibilities.