Succession management is designed to ensure you have the leadership capacity to execute strategy and support future growth of the company. But, it takes more than a succession plan to prepare leaders to sustain a company culture or take on the challenges of the future. In this HCI Keynote video, Jonas Bordo of Bentall Kennedy and Seonaid Charlesworth of Lee Hecht Harrison Knightsbridge discuss how this leading real estate investment management firm developed a deliberate program to identify and develop the leadership it needed to achieve its business goals and sustain its unique culture.
- Seek out the perspectives of your leaders on what it means to be a successful leader at your organization.
- Don’t rely on managers to assess the potential of their direct reports.
- Use a variety of methods to assess leaders’ skills, experiences, attributes and reputations.
- Hold leaders responsible for developing and executing their individual development plans, but make sure they have the support and coaching they need.