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A Strategically Structured Outline For Business Succession Planning From Your Strategic Thinking Business Coach
One major question I ask business owners is: “Do you have a succession plan or exit strategy for your business?” I also ask employees: “Do you know if a succession plan or exit strategy exists in your company or organization?” My experience has more than 90% telling me they have no succession plan or exit strategy. Succession planning is a critical factor for the long-term success of any business. Leadership transitions in business affect the entire organization’s continuity, employee retention, client retention and returns on investment. It is essential to create and implement a process that creates visibility, accountability and greater integration of all facets of the business. Your Strategic Thinking Business Coach has developed a strategically structured succession plan outlnine and shares it in this article.

Other leadership transitions Related Articles

Strategically Structured Succession Planning For Company Leadership According To Your Strategic Thinking Business Coach
Succession planning is very important to the long-term success of any company. Leadership transitions in business affect the entire organization’s continuity, employee retention, client retention and returns on investment. The rapidly changing demographics in the workplace, especially the aging baby boomer segment, there is a real challenge to find talent for leadership roles. Companies that are able to respond proactively with strategically developed and implemented effective leadership succession plans are in a superior position in the marketplace and global economies. Your strategic thinking business coach offers the following list of recommended strategic actions to structure a leadership succession planning process.

Obama Leadership: 8 Ways to Lead in the 21st Century
Leadership perspective piece on President Obama's leadership style and leadership lessons learned for leading effectively in the 21st Century. Includes 8 Obama leadership development tips.

Disciplines of Success Regardless of Economic Trends
Self-leadership combined with leadership is critical in combining work and pleasure. These are skills that can be learned. Champions keep on learning. They see the opportunities through transitions. Effective leaders are self-aware of the principles and characteristics of influential leadership. They know how to be fully engaged in their surroundings and are proactive in their goals and success.

Integral Leadership - A Useful Model for Leadership Development
Managers and HR professionals concerned with developing leaders are inundated with leadership development theories, models, concepts and courses - Situational Leadership, Servant Leadership, and the Leadership Lessons of everyone from Attila the Hun to Jack Welch, to name but a few.

Adjusting to a New Leader
When a new leader takes over an organization, all kinds of things chaange immediately. There is a process going on, but sometimes it is hard to see it. This article discusses some of the dynamics going on in most leadership transitions.

“Third Generation Leadership” – “3G Leadership” or “Leadership v3.0”
First Generation Leadership ("G1 Leadership" or "Leadership v1.0") was typified by a command and control approach in which hierarchy ruled and the leader was "right". Second Generation Leadership ("G2 Leadership" or "Leadership v2.0") was typified by a reward for conformance / non reward or punishment for non-conformance. Again, hierarchy ruled and the leader was largely "right". Third Generation Leadership ("G3 Leadership" or "Leadership v3.0") is typified by engaging followers both with what they are doing and with the people with whom they do it. In this article Doug Long introduces both the concepts of leadership generations and shows the distinctions between them.

How to be a Real Leader Bottom of Form
If leadership is so important, why are effective business leaders so rare? Kevin Cashman, a Minneapolis-based leadership coach, thinks that he has the answer: “Too many people separate the act of leadership from the leader. They see leadership as something that they do - rather than as an expression of who they are.”

Business Leadership Skills
Not that a business is born with leadership skills. It is true that certain leadership traits that quite a few others seem to them. However, there are others that can be developed. There are many leadership programs that teach us different leadership style will also help us realize our business leadership skills and have some improving. However, short of the best leadership training effort comes from rising above the rest and put personal gain before the collective interests.

Is "leadership" dead?
"Leadership" now seems to be a catch-all term (a bit like "communication"). That being the case, has the time now come when we should be considering whether the term "leadership" has lost its impact and whether we need to radically rethink the whole concept by moving out of all the traditional concepts like "servant leadership", "situational leadership", “contingency leadership”, “leadership habits” etc that are based on attitudes and behaviours?

Don't Drag a Dead Horse
In "Transitions, Making Sense of Life's Changes" by William Bridges, the transitions of life have three distinct stages (Endings, Neutral Zone and Beginnings). Bridges states we have a life time of transitions. However, it is very important to understand that before you can begin a new phase of your life, you must end the old phase. An ending is actually the first phase of the transition process and a precondition of self renewal. You must end before you can begin. Many times the endings are ones dealing with past experiences and thoughts. So don't drag a dead horse through the desert.

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