Succession Planning & Executive Recruitment
Succession planning is an essential part of the board’s fiduciary responsibility. Like all other planning it involves a well conceived process. And like other planning much of the anxiety and stress can be relieved by approaching it methodically—before an immediate need arises.
Succession planning prepares the organization for two types of transition:
- Unforeseen or catastrophic changes in leadership
- Retirement of senior leaders
The process has four steps:
- Review of the strategic plan and identification of the core competencies sought in future leaders
- Evaluation of current leaders and setting development plans to improve their readiness
- Creation or revision of the succession plan
- Assistance in recruitment as the need arises
We have developed an extremely effective recruitment process for our clients. At its heart is making sure we understand exactly the competencies you are looking for in a new leader. With a clear direction in mind we use creative avenues to find competent candidates. The result is a person who makes a smooth transition to your culture and contributes to your success from day one.