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Peter Quarry interviews Ann Sherry (AO) CEO, Carnival Australia. In this program Ann Sherry discusses the purpose and process of succession planning.Successful succession planning provides strength and stability to an organisation, aids staff retention and prepares for future growth and change.

This program highlights some of the pitfalls with succession planning and discusses ways to implement a robust process that ensures the development and movement of staff in the right direction.

Succession Planning Is

  • Finding the people who can succeed you in your job.
  • Planning the growth of people in your organisation.

When Should You Be Thinking About Succession Planning?

  • At every level in the organisation.
  • Younger employees expect you to consider their career development.
  • Planning is required to help people step up.

Steps in Succession Planning

  • Identify key roles.
  • Know the future requirements of these roles.
  • Consider the ‘fall under the bus’ test.
  • Best succession planning might also include someone new and fresh.

Common Mistakes

  • To look back, not forward.
  • Not being honest with people.
  • Common reason why people leave an organisation is because they’ve been given false hope.

The Boss’s Favourite

  • Often an inappropriate choice.
  • Can create dissatisfaction.
  • Putting people into roles should be as a result of a more robust system.

Summary

  • It is easier to look for people who are good for today, rather than good for tomorrow.
  • Need a robust process, where there are a couple of candidates.
  • Opportunity is created when we develop our staff to their full capacity.

This is available as part of

Learning a La Carte Series
Learning a La Carte is a comprehensive library of business education programs providing extensive strategies and insights from leading specialists. Featuring discussions between Eve Ash or Peter Quarry and leading international experts, these programs are ideal for learning centres, training session... read more
Categories
Leadership
Selection / Interviewing
Time / Planning
Release Date
Jan 1, 2009
Video Running Time (minutes)
12:00
Producer
Seven Dimensions
Featured Talent
Professor Robert Feldman
Course ID
LALC73

Handouts

Description
Workbook/Leaders Guide

Only preview versions of handouts can be viewed without a license.