The 9 Keys to Successful Succession Planning: SDEA Roundtable

The 9 Keys to Successful Succession Planning



Presented by:

Stacey McKibbin

Certified Business Coach


Did you know that:

67% of organizations do not currently have any formal succession planning process in place.
45% of the world's largest corporations have no meaningful approach in place for developing their CEO.
Although most companies recognize the importance of succession planning in attracting and retaining excellent employees, few companies successfully establish a process for doing so

So, what is the hold up? The statistics are compelling. Why aren't more companies utilizing succession planning? Because too often organizations address the succession challenge through the rearview mirror. They wait for someone to step down or even worse, be removed. Then and only then do they entertain thoughts of what (or who) should happen next. Bottom line, it?s simply not made a part of the strategic planning process, therefore cultivation of star players rarely makes the cut for prioritization.


Succession Planning is strategic, tactile and deliberate; involving a clear understanding of how businesses need to change. The goal being to groom future leaders to meet the needs of the future organization. Successful ?Transitionists? understand Succession Planning is both an Art and a Science.


Former President Ronald Reagan once said when he spoke of the ideal leadership blueprint: ?Great leaders are not measured by what great things they do but rather by what great things they get others to do.?


Come join us for an hour discussion on the benefits of planning now for your succession or exit strategy. We?ll look at the 9 steps every leader must know when evaluating how to ensure their business, team, department, product or service continues to thrive. This event is for anyone who wants to see their hard work and valuable contributions become part of their lifelong company legacy.

Location: DRESS CODE: NO DENIM!!!