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Building Your Bench for Success: Management and Key Position - PowerPoint PPT Presentation

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Building Your Bench for Success: Management and Key Position Succession Planning June 7, 2017 The webinar will start at 11:30 am CT Marjorie Engle Senior Vice President Organizational Development and Family Business Services Administration

  1. Building Your Bench for Success: Management and Key Position Succession Planning June 7, 2017 The webinar will start at 11:30 am CT Marjorie Engle Senior Vice President Organizational Development and Family Business Services

  2. Administration If you need HR or CPE credit, please participate in all polls throughout the presentation.

  3. Administration A recording of today’s webinar will be emailed for your reference or to share with others.

  4. Administration For best quality, call in by phone instead of using your computer speakers.

  5. Administration To ask questions during the presentation, use the questions box on the right side of your screen.

  6. Administration Please provide your feedback at the end of today’s presentation.

  7. About the Speaker Marjorie Engle Senior Vice President Organizational Development and Family Business Services Extensive experience in board governance, executive coaching, organizational analysis, succession and strategic planning Certificate in Family Business Advising from the Family Firm Institute (FFI), FFI Fellow

  8. Key Objectives Use a defined process for management succession Consider tools to evaluate leadership readiness and how to use them Plan for succession in emergency situations Identify and avoid the most frequent mistakes that derail a succession process Benchmark the organization against a proven set of succession management best practices

  9. Although it’s in everyone’s best interest to have a succession plan, each person may be motivated to avoid the issue altogether. Quote: Ivan Lansberg’s insight

  10. MOST FREQUENT MISTAKES in succession planning:

  11. MOST FREQUENT MISTAKES in succession planning: PROCRASTINATION

  12. MOST FREQUENT MISTAKES in succession planning: PROCRASTINATION FOCUSED ONLY ON CEO

  13. MOST FREQUENT MISTAKES in succession planning: PROCRASTINATION FOCUSED ONLY ON CEO ONLY AN HR PROJECT

  14. MOST FREQUENT MISTAKES in succession planning: PROCRASTINATION FOCUSED ONLY ON CEO ONLY AN NOT INTEGRATING HR PROJECT STRATEGY

  15. MOST FREQUENT MISTAKES in succession planning: PROCRASTINATION FOCUSED ONLY ON CEO ONLY AN NOT INTEGRATING NO HR PROJECT STRATEGY CONTINGENCY

  16. Polling Question #1

  17. CONTINGENCY

  18. DEPARTURE

  19. Departure Planning Spreadsheet Retirement Poss. (65 Years) Prior- Suc- Incumbent Position DOB Age Departure ity cessor Date IDed? December urgent Jeff Jones Widget supervisor 12/16/1952 64 2014 Widget assistant Jane Smith 6/19/1955 58 June 2020 supervisor Paula Johnson Widget Team Lead 3/23/1956 62 March 2021 June 2024 Ron Roberts Widget Team Lead 6/15/1959 58 November Harry Hopper Widget Team Lead 11/2/1959 57 2024 Joe Adams Widget Team Lead 2/26/1960 56 February 2025 10/31/1960 56 October 2025 Don Barry Line Lead September Mary Berry Line Lead 9/22/1961 55 2026 2/15/1963 53 February 2028 Adam Zeller Line Lead Susan Dodd Line Lead 3/12/1980 36 March 2045 September Dan Apple Line Lead 9/1/1982 34 2047 Sam Plank Line Technician 2/10/1966 50 February 2031

  20. TALENT MANAGEMENT & DEVELOPMENT

  21. TWO

  22. TWO WORKFORCE PLANNING

  23. TWO WORKFORCE TALENT PLANNING DEVELOPMENT

  24. Poll Question #2

  25. 1 STAGE

  26. 2 STAGE

  27. 3 STAGE

  28. 3 STAGE

  29. 4 STAGE

  30. 5 STAGE

  31. Poll Question #3

  32. MANAGEMENT TRANSITION SCENARIOS

  33. MANAGEMENT TRANSITION SCENARIOS

  34. WHAT IF?

  35. Poll Question #4

  36. TOOLS JOB FIT / SCREENING COACHING TEAM BUILDING EQ

  38. Thank you! Marjorie Engle Senior Vice President Organizational Development & Family Business Services Marjorie.Engle@aghlc.com linkedin.com/in/marjorieengle @Marjorie_AGH 316.267.7231 Questions NOT related to today’s Check out our other webinars! content? mike.ditch@aghlc.com AGHUniversity.com

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