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Succession Planning

Overview

Organizations face dramatic changes in the ranks of their senior leadership due to a competitive market for top talent and the increasing retirement of tenured executives.

Bâton Global (B|G) has found proactive succession planning preserves an organization’s value and culture, supports future business growth and prepares all team-members for change. The most prepared organizations have plans in place that outline the specific steps needed to support a seamless leadership transition – thereby also managing the potential risks associated with losing key leaders.

Common Challenges

Developing a plan that meets your organization’s objectives can be extremely difficult. Our Succession Planning clients may struggle in several areas:

  • WHERE TO START?
    Some organizations just don’t know where to start.
  • CLARIFY CURRENT STATE  
    Individual leaders – and executive teams – may not share common understanding.
  • NO PROCESS
    Organizations have never formalized a succession plan for leaders.
  • DIFFICULT CONVERSATIONS
    Some leaders fail to plan simply because it is a hard topic to discuss – personally and professionally.
  • LEADERS UNPREPARED
    Sometimes even senior leaders may not have the necessary tools for self-reflection or executive team development.
  • LOW COMPANY MORALE
    Important changes haven’t been communicated (or developed), which may erode team engagement/culture over time.

Our Capabilities

In order to create a succession plan that supports specific leaders – as well as the full organization – B|G recommends the following process:

  1. DISCOVERY
    Develop a shared understanding of the current state
  2. PLAN DEVELOPMENT
    Prioritize activities and establish timelines
  3. SUCCESSOR IDENTIFICATION
    Coach, prepare and identify potential successors
  4. ORGANIZATION PREPAREDNESS
    Ensure leadership, employees and other key stakeholders are ready for transition
  5. IMPLEMENTATION
    Create a transition plan and effectively communicate to key stakeholders
  6. TRANSITION
    Coach the new leader and evaluating the effectiveness of the plan

Real Results

B|G collaborates and empowers key stakeholders (e.g., board, executive team, human resources, etc.) to make informed decisions regarding who will successfully lead their organizations into the future.

Successful transition requires organizations that are prepared for change by investing in the development of their leaders. We build the leadership competencies of emerging leaders and ensure the entire team is prepared to execute effectively. B|G creates a culture that embraces change and emphasizes the continuous development of the next generation of leaders.

Learn how we can help guide your organization through transition by contacting us.

Client Testimonials

I have been to many leadership sessions and this was the best I have seen in the country.

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