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.
Developing a plan that meets your organization’s objectives can be extremely difficult. Our Succession Planning clients may struggle in several areas:
In order to create a succession plan that supports specific leaders – as well as the full organization – B|G recommends the following process:
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.
B|G has made our executive team better leaders. I could really see how they were applying what they were learning, and I think they came a long way.