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The No 1 Secret To Leadership Succession (And The 20 Steps That Help It Add Value!)

In January this 12 months, McKinsey released a publication which was largely focused Brunei Email Lists on the LAST one hundred days that a CEO serves in office… That is a subject dear to my coronary heart!!

As an Interim CEO who specialises in navigating companies thru uncertainty or trade in advance of handing them over to other leaders, attaining effective handovers is something I have had to do on many events. Not enormously, receiving handovers is likewise some thing I have a brilliant deal of experience in too!!

My personal handover technique was forged in metallic at some stage in the years I spent in Brunei within the late 90s. During this era, I was coping with a team that commonly blanketed 35 expats who were rolling inside and outside on a five to 6 week rotation. The want for handovers became high. The need for nicely-oiled handover machine even more so – our customers had been paying top dollar for our efficient management after all!

The considerable classes I discovered at that point were approximately the area of handovers. In unique, the need for and the advantages of a handover plan, the benefits of turning in in a totally sensible way and the way the provision of a strategic backdrop was so superb to the individual coming in – placing the context so to talk.

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This was also the factor in my life wherein I recognized what I now regard to be the number one rule of a success handovers. It is this:

“THE RESPONSIBILITY FOR THE HANDOVER RESTS a hundred% WITH THE INCOMING PERSON”

In terms of dealing with my very own succession, each as an incoming and as an outgoing Interim CEO, and also in appreciate of each handover that any of my staff have undertaken on account that that point, this lesson has remained the muse principle. It works.

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On pinnacle of this principle, the opposite succession disciplines and practices all fall into location. Some have changed through the years, of course, and I have in reality made a few changes, dropped a few, introduced new ones, redesigned and stepped forward others and simply visible the best and worst of what different people do (or don’t do). In the quit, I accept as true with I actually have quite much come up with a list that cuts to the bone of suitable preparation socialposts.

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