Succession Planning

Great leaders create authentizotic organizations - places where people perform at their best. What will be their acid test, however, is how well their successors will do. These kinds of leaders spend an enormous amount of time and effort in coaching and mentoring their people; and as 'dealers of hope,' they know how to open the minds of their people, speak to their collective imagination, and create a group identity.
— Manfred F.R. Kets de Vries

Senior executives periodically review their top executives and those in the next level down to spot potential successors for senior positions. But what should leaders do to cultivate the next generation of leaders—and the one after that? In today’s ever-changing world, growing talent in your organization is a sine qua non. It also requires a system for identifying and developing talent that will create a healthy leadership pipeline.

Realistic succession planning identifies talented employees and supplies the education needed to develop them for future higher level and broader responsibilities. With a succession planning process, you stand a better chance of retaining superior executives because they appreciate the time, attention, and resources you invest in them.

KDVI associates are skilled in identifying and understanding executives’ developmental needs. Supported by our assessment techniques and clinical insights, we ensure that all key employees understand their career paths and the roles they are being developed to fill. With this style of career planning, employee engagement and retention are assured, and your business can align employees with best-fit roles.

A functioning succession planning system is essential for success in the global war for talent, as well as for getting the best out of your own people. At KDVI, we help clients build a succession-planning process based on best practices and first-hand experience. At CEO level, we advise our clients on how to engage their board in the succession planning process.