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    Building Your Bench Strength through Strategic Succession Planning

    Date: February 27, 2014, 11:30am – 1:15pm
    Frederick County SHRM
    Dutches Daughter Restaurant
    581 Himes Ave, Frederick, MD 21703
    (301) 668-9500
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    Building Your Bench Strength through Strategic Succession Planning

    Ed Krow, Principal and Co-founder of Implementation Management Group, LLC

    (1.25 HRCI strategic credits pending)

    Planning for both the foreseen and unexpected absences of people who hold key roles in an organization is a task which employers often avoid or engage in only in an informal manner. Worse yet, we sometimes limit the planning to the “C-Suite”. Without concentrated effort on succession planning, a business that has been successful can quickly fail if one or more of its key employees are lost.  Succession planning has to be a priority for every business and should be part of its strategic business plan. During this interactive seminar, attendees will gain a broad knowledge of how to develop a succession plan for all levels of key employees.  Topics that will specifically be covered are:

    1. The Business Case for Succession Planning
    2. The 7 Deadly Signs (of a faltering SP system)
    3. Succession Planning meets Leadership Development
    4. Top 10 Ways to Strategically Build Your Bench Strength
    5. Implementation Strategies for a Tough Economy

    We will identify current business trends that impact Succession Planning and learn how to recognize them in your organization.  We’ll also conduct a mock succession plan activity that will require participants to rate an employee’s readiness to assume additional responsibility.

    Attendees will:

    1. create an effective Succession Plan management process
    2. develop best practices around on-the-job development
    3. merge succession planning and leadership development
    4. balance company interests with employee work-life balance