“I will continue to pretend my life will never end…” Paul Simon in “Flowers Never Bend with the Rainfall.”
Not engaging in proper corporate succession planning is the business equivalent of the words in Simon’s song about the human tendency of denial. In this month’s Leadership Guide Magazine, our editor Linda Hatcher looks at the practical ways leading companies are strategically planning for inevitable transitions.
In “ An Old Indian Chief Reminder: Ensure Proper (Painless) Succession,” the framework of succession planning is detailed. “Prepare yourself; it’s later than you think,” says Hans Finzel, author of The Top 10 Mistakes Leaders Make. “Vision is an effective leader’s chief preoccupation.”
In “Fortune 500 Companies Integrate Leadership Development in Succession Planning,” we identify the three areas of strategic planning used by Fortune 500 companies like Pepsi, Jet Blue, Staples, and Caterpillar.
The third article is entitled “Having Passion for Your Work” by Fred A. Manske Jr.
** As a reminder, our free Leadership Library contains hundreds of practical articles on how you can be a more effective, ethical leader.
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