A quick note to share with you a new article I have written on creating strong mentoring relationships which is now posted at EzineArticles.com. You can read it online here.
If you are working on developing a mentoring program, or are a mentor or mentee yourself, I hope that you will find this, and some of my other posts on mentoring here at the BizToolkit blog useful. As always, I welcome your thoughts!
Have a great week,
Jennifer
Jennifer Britton
Author of Effective Group Coaching (Wiley, 2010)
Phone: (416) 996-8326
Email: info{at}potentialsrealized{dot}com
Showing posts with label Succession Planning. Show all posts
Showing posts with label Succession Planning. Show all posts
Tuesday, September 21, 2010
Monday, September 21, 2009
How to Develop a Leadership Development Strategy
Dan McCarthy, over at Great Leadership, wrote a fantastic post last month on How to Develop a Leadership Development Strategy. He goes through 7 key steps/stages which are essential in developing a leadership development strategy.
Regardless of economic situations, leadership development is still seen as a critical investment for many leading organizations. Staff and teams may be getting leaner, and in these times GREAT leadership is imperative.
I really enjoyed Dan's post given that I have been very involved in developing several leadership development strategies with partner organizations in the year. A number of them are now rolling out in pilot and secondary phase, and it is amazing to see how seeds planted are starting to sprout within these teams.
Dan's really got a handle on the importance of a holistic, structured approach, one that is grounded in competencies.
What do you see as essential ingredients for GREAT Leadership development?
Warmly
Jennifer
Jennifer Britton, PCC, CHRP, CPT
Potentials Realized
Toll Free: 1-866-217-1960
Email: info{at}potentialsrealized.com
Regardless of economic situations, leadership development is still seen as a critical investment for many leading organizations. Staff and teams may be getting leaner, and in these times GREAT leadership is imperative.
I really enjoyed Dan's post given that I have been very involved in developing several leadership development strategies with partner organizations in the year. A number of them are now rolling out in pilot and secondary phase, and it is amazing to see how seeds planted are starting to sprout within these teams.
Dan's really got a handle on the importance of a holistic, structured approach, one that is grounded in competencies.
What do you see as essential ingredients for GREAT Leadership development?
Warmly
Jennifer
Jennifer Britton, PCC, CHRP, CPT
Potentials Realized
Toll Free: 1-866-217-1960
Email: info{at}potentialsrealized.com
Wednesday, February 04, 2009
Succession Planning: Cause for Panic?
Succession Planning continues to be a hot topic in the world of talent management. Even with current economic conditions, organizations are realizing that they may not be well equipped to address changes within their workforce.
A recent study, "Ensuring Leadership Continuity: Currrent Trends In Succession Planning for C-Suite Executives", by Acheive Global found the following:
* 49% do not have an established succession plan for C-level exectuvites
* 16% have an executive vacancy
* 37% expect to have a vacancy this year
So what are some of the barriers identified?
*31% - doesn't seem urgent
* 26% - time investment
* 21% - Complexity of What Needs to Happen
* 7% - Budget Expense
* 6% - Not Applicable
* 6% - don't know
Many of you will recall that last year at this time I participanted in a webinar series for Succession Planning for Small and Medium Size Businesses in York Region, Canada. The estimates in early 2008 were that approximately 75% of business owners would be retiring within the next 10 years, with a limited number having succession plans in place. The importance for York Region, like many regions across Caanda is that small and Medium Size Businesses make up a significant proportion of the economy. In York Region, this has been estimated at 97% of all businesses. Even with the current economic conditions, while many business owners, and C-Level employees are delaying retirement decisions, ulitmately succession plans will be needed by small, medium and large businesses.
A major barrier identified by the AcheiveGlobal program is that many organizations don't know how to implement succession planning approaches effectively.
Questions? Please feel free to give me a call as I have been working on the development of several succession planning strategies with SMEs as well as larger companies, at C level and middle management over the last year.
Warmly
Jennifer
Jennifer Britton, PCC, CPT, CHRP
Potentials Realized
Phone: (416) 996-TEAM
A recent study, "Ensuring Leadership Continuity: Currrent Trends In Succession Planning for C-Suite Executives", by Acheive Global found the following:
* 49% do not have an established succession plan for C-level exectuvites
* 16% have an executive vacancy
* 37% expect to have a vacancy this year
So what are some of the barriers identified?
*31% - doesn't seem urgent
* 26% - time investment
* 21% - Complexity of What Needs to Happen
* 7% - Budget Expense
* 6% - Not Applicable
* 6% - don't know
Many of you will recall that last year at this time I participanted in a webinar series for Succession Planning for Small and Medium Size Businesses in York Region, Canada. The estimates in early 2008 were that approximately 75% of business owners would be retiring within the next 10 years, with a limited number having succession plans in place. The importance for York Region, like many regions across Caanda is that small and Medium Size Businesses make up a significant proportion of the economy. In York Region, this has been estimated at 97% of all businesses. Even with the current economic conditions, while many business owners, and C-Level employees are delaying retirement decisions, ulitmately succession plans will be needed by small, medium and large businesses.
A major barrier identified by the AcheiveGlobal program is that many organizations don't know how to implement succession planning approaches effectively.
Questions? Please feel free to give me a call as I have been working on the development of several succession planning strategies with SMEs as well as larger companies, at C level and middle management over the last year.
Warmly
Jennifer
Jennifer Britton, PCC, CPT, CHRP
Potentials Realized
Phone: (416) 996-TEAM
Monday, June 23, 2008
Succession Planning Web Seminar Series Launched
Many of you will remember that one of the projects I was working on this winter was a Succession Planning Web Seminar series for Entrepreneurs and SMEs in York Region. As a business coach, I was one of four professionals who led a 15-20 minute seminar series on steps and tips to creating your own succession plan as a business owner.
The series has now been launched by the York, South Simcoe Training and Adjustment Board (YSSTAB) and you can now view the web seminar series online here.
Succession planning continues to be a hot topic for both corporate North America and also SMEs. What steps have you taken to ensure business continuity within your team or organization. I hope that you will take a few minutes to view my web seminar entitled 8 Steps for a Successful Exit. Many of these tips are just as applicable to leadership succession wtihin larger organizations. I hope that you will take a few minutes and click on over to view the web seminar series.
Warm regards,
Jennifer
Jennifer Britton, PCC, CHRP, CPT
Potentials Realized
Coaching Services for Business Owners
Toll free: 1-866-217-1960
The series has now been launched by the York, South Simcoe Training and Adjustment Board (YSSTAB) and you can now view the web seminar series online here.
Succession planning continues to be a hot topic for both corporate North America and also SMEs. What steps have you taken to ensure business continuity within your team or organization. I hope that you will take a few minutes to view my web seminar entitled 8 Steps for a Successful Exit. Many of these tips are just as applicable to leadership succession wtihin larger organizations. I hope that you will take a few minutes and click on over to view the web seminar series.
Warm regards,
Jennifer
Jennifer Britton, PCC, CHRP, CPT
Potentials Realized
Coaching Services for Business Owners
Toll free: 1-866-217-1960
Thursday, March 13, 2008
Succession Planning for Business Owners
Some of you may have noticed that I've been a little quieter than usual on the blog. It's because I've been involved in a number of pretty large pieces of work, one which revolves around Succession Planning for Business Owners. Later this month, YSSTAB will be launching the Succession Planning Webinar series for SME's (Small and Medium Enterprises) for York Region. York Region is just located north of Toronto and is Canada's fastest growing census division.
You can read more about the Succession Planning Webinar series over at YSSTAB's website. Approximately 70% of business owners will be retiring in the next decade or so and surprisingly a very small proportion have a succession plan in place. This has the potential for profound impact on the labourforce (for places like York Region especially where 95% of the labour force is employed with a SME), as well as the economy.
As a Business Coach, I am joining 3 other experts (a business valuator, a lawyer, and a financial planner) on this hour long webinar series, designed to provide SME's more information about sucession planning and what to consider when creating one for your own business.
It's been a very exciting process for me over the last few weeks and I am looking forward to keeping you posted as we move into the launch of the webinar series. In the coming weeks, I'll be sharing with you a number of the 8 strategies I talk about during the succession planning webinar.
Do you have a succession plan in place for your business?
Stay tuned!
Jennifer
Jennifer Britton, PCC, CHRP, CPT
Potentials Realized
Toll Free: 1-866-217-1960
Email: jennifer@potentialsrealized.com
You can read more about the Succession Planning Webinar series over at YSSTAB's website. Approximately 70% of business owners will be retiring in the next decade or so and surprisingly a very small proportion have a succession plan in place. This has the potential for profound impact on the labourforce (for places like York Region especially where 95% of the labour force is employed with a SME), as well as the economy.
As a Business Coach, I am joining 3 other experts (a business valuator, a lawyer, and a financial planner) on this hour long webinar series, designed to provide SME's more information about sucession planning and what to consider when creating one for your own business.
It's been a very exciting process for me over the last few weeks and I am looking forward to keeping you posted as we move into the launch of the webinar series. In the coming weeks, I'll be sharing with you a number of the 8 strategies I talk about during the succession planning webinar.
Do you have a succession plan in place for your business?
Stay tuned!
Jennifer
Jennifer Britton, PCC, CHRP, CPT
Potentials Realized
Toll Free: 1-866-217-1960
Email: jennifer@potentialsrealized.com
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