For the industries that serve as models for today’s leadership and for those companies that are heralded as bastions of good leadership, chances are there are people in executive positions who exhibit generosity. In fact, they might have been promoted because of this adjective and even hired because of it. In a company that celebrates leadership, an executive is expected to encourage, train and develop individuals in their team to become stronger leaders. You may find it in their job description. There’s the understanding that their team members are the succession plan for the company in the near future.
That sports team is your organization. The right players to fill in those crucial voids are your people and the game plan is the strategy that allows your organization to continue to thrive. The time to evaluate and think about succession strategy is now. Do you have those rookies with potential, or seasoned athletes who are still strong players? And, if so, how do you keep them from being traded? Knowing the country is at full employment, and opportunities come knocking, how do you keep them loyal and poised to play?