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Why do we avoid succession planning?

8/15/2012

 
Given the unavoidable retirement of the baby boomers -why is there such a resistance to effective succession planning? Because it touches us as human beings in ways we prefer not to think about.
1-Fear
Fear of the unknown
Fear of becoming irrelevant
Fear of retirement and beyond
Fear that someone will actually replace us

2-Denial
That our current role and responsibility must change
That we need to give emerging leaders the opportunity to lead
That we have neglected building a plan for the next phase of our lives

Significant amounts of compassion, counseling and coaching are essential in effective succession planning programs.  Beginning the process with validation and gratitude for the contributions of the current leaders is a good place to start. Dealing with the human element of succession is not a side element of the planning process but the central element that will speed and improve the entire endeavor.  The commitment, passion and engagement that have contributed to the organization's success will also hold it back if we do not actively and compassionately recognize it and deal with it creating dignity and appreciation.

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    Author

    Welcome to my blog. Thank you for joining me!  I am Mary,  founder of MLBennett Consulting.  The thirty years I have spent working with clients, developing consulting practices, leaders and organizations have led me to strategic outcomes and consistent passions. I am well known in the accounting industry, but also work with professional services firms and corporate clients. I founded the MLBC organization because I am deeply experienced and passionate about the inclusive development of individuals and organizations. I believe our success and sustainability begins with our people and the strategic processes and programs that support their development.  Diversity, Equity and Inclusion are critical in building a sustainable organization. I hold an MBA, CIA and multiple coaching certifications.

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