Leadership Development

Succession Planning

What is it?

Succession planning is a critical process for identifying and continuously cultivating your talent at all levels in an organization. You can build a stronger, more productive organization by developing, retaining and motivating employees and by grooming them for promotion to key management or individual contributor positions. Succession Planning also ensures that leadership growth and development will keep pace with the business and organizational growth. In order to address the need for flexibility in times of continuous change, FuturesQuest has developed an exciting and innovative program to build continuous improvement into your organization's culture for all employees. The notion that succession planning is just for executives is history!

The development of talent is very specific to the individual's personality, competencies and needs and should not be confined to a management track. Ideally individuals are groomed to develop management and individual contributor skills. Performance management is part of succession planning and involves assessment, individual coaching AND a tailored performance improvement process.

How we do it

We guide you to align your key business strategies and processes including recruitment, compensation and performance management, into one seamless process with the goal of developing and retaining top performers. With your input, we review and identify high potential individuals for targeted growth and development. We evaluate lower performing employees to determine their job fit and development needs. The succession planning process must be embraced and championed by senior management and employees. The individuals on the succession development track have responsibility for their performance and mastering learning objectives. We utilize assessment tools when needed to clarify an individual's specific traits relative to job requirements, their leadership skills and their development needs. We ensure that the competencies chosen for any succession position are aligned with the strategic mission of the company.

Executive Team Development

FuturesQuest can assess your executive team needs and recommend or develop a program of internal coaching and external education which will expand each individual executive's performance, knowledge and skills.

We will also do an assessment or profile of your executive team's strengths and weaknesses in working together and make recommendations to coach the team to greater leadership success.

Why do it

Succession planning is a highly effective motivational tool for developing key contributors in your organization. Self-motivated individuals seek opportunities to learn, develop new skills and contribute at increasingly higher levels in the organization. We strive to meet their needs and harness their talents and energy through succession planning.