{"id":16,"date":"2011-01-18T06:49:46","date_gmt":"2011-01-18T06:49:46","guid":{"rendered":"http:\/\/test.appreciativecoaching.com\/?page_id=16"},"modified":"2021-11-06T18:07:45","modified_gmt":"2021-11-06T18:07:45","slug":"ensure-leadership-succession","status":"publish","type":"page","link":"https:\/\/appreciativecoaching.com\/index.php\/benefits\/ensure-leadership-succession\/","title":{"rendered":"Ensure Leadership Succession"},"content":{"rendered":"<p>Even in times of economic turmoil, companies are losing leaders  faster than they can replace them, according to a study released by  Catalyst. This results in skill gaps in many areas and challenges for  CEOs in seeing their initiatives and strategies executed in a timely  manner, such as quickly expanding into new markets when opportunities  emerge. It is no wonder that preparing top talent to fill these  positions has become a strategic priority. Continuity in leadership is  critical and the best succession plans focus on grooming high potentials  from within the company. Research shows that CEOs chosen from inside  the organization perform better than outsiders.<\/p>\n<p>That&#8217;s why many companies do more than succession <em>planning<\/em> on paper; they actually engage in succession <em>development<\/em> with their high potentials and strong contributors to ensure they have  bench strength. According to executive coach Marshall Goldsmith,  succession plans do not develop anyone &#8211; only development <em>experiences<\/em> can develop executives.<\/p>\n<p>The Appreciative Coaching<sup>&reg;<\/sup> solution is especially supportive of HR  managers and their company&#8217;s need for succession development because it  builds high level interpersonal competencies<\/p>\n<ul>\n<li>Competence in using collaboration as an essential skill in  building common purpose and unity. (Top executives consider  collaboration to be the #1 conflict management skill needed at their  level.)<\/li>\n<li>Competence in the ability to stretch and move beyond problems and familiar ways of thinking into new directions.<\/li>\n<li>Competence in generating and inspiring positive change in oneself and others.<\/li>\n<li>Competence in affirming the best about self and others.<\/li>\n<\/ul>\n<p>for the next generation of leaders to succeed.<\/p>\n<h2>Ian&#8217;s Story<\/h2>\n<p><em>When Ian started Appreciative Coaching<sup>&reg;<\/sup>, he was a young, enthusiastic  high potential leader in a medical system. He was head of one of the  hospitals in the system but was aiming for a Regional President  position. To date, he had been overlooked as a candidate. The coaching  plan was to assess his capabilities against senior executives through  360 interviews with C-Suite and board member respondents. While risky,  this approach gave the interview respondents the opportunity to  visualize Ian as a candidate for the Regional President position. The result was wildly successful &#8211; not only did it provide an opportunity for both Ian and the system&#8217;s leadership  to more clearly see his capabilities and potential, it also saved the corporation the time and cost involved in bringing on an executive outsider. Ian&#8217;s promotion also  served as a positive example of the merits of succession development.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even in times of economic turmoil, companies are losing leaders faster than they can replace them, according to a study released by Catalyst. This results in skill gaps in many areas and challenges for CEOs in seeing their initiatives and strategies executed in a timely manner, such as quickly expanding into new markets when opportunities [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":125,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-16","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/appreciativecoaching.com\/index.php\/wp-json\/wp\/v2\/pages\/16","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/appreciativecoaching.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/appreciativecoaching.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/appreciativecoaching.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/appreciativecoaching.com\/index.php\/wp-json\/wp\/v2\/comments?post=16"}],"version-history":[{"count":1,"href":"https:\/\/appreciativecoaching.com\/index.php\/wp-json\/wp\/v2\/pages\/16\/revisions"}],"predecessor-version":[{"id":305,"href":"https:\/\/appreciativecoaching.com\/index.php\/wp-json\/wp\/v2\/pages\/16\/revisions\/305"}],"up":[{"embeddable":true,"href":"https:\/\/appreciativecoaching.com\/index.php\/wp-json\/wp\/v2\/pages\/125"}],"wp:attachment":[{"href":"https:\/\/appreciativecoaching.com\/index.php\/wp-json\/wp\/v2\/media?parent=16"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}