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Succession and Leaving a Legacy
Written by: Geoff FlemmingArticle Overview: Succession is always a challenge in business - it needs to become a planned process of continuity. It's a bit like carrying a serviceable spare tyre in your car. You never planed to have a flat tyre but you did plan to get there regardless!
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Free Download - Motivation - Some Things Never Change By Geoff Flemming |
Succession and Leaving a Legacy
One of the biggest challenges facing small business owners in Australia is lack of succession. Succession in business is all about leaving a legacy!
“There is no succession in business without developing successors.”
The key to creating succession in business through leadership is to take seriously the cultivation of successors. Produce leaders rather than attracting followers.
The four aspects of shaping a legitimate leadership legacy:
1. Character
2. Choices
3. Conduct
4. Consequences
Character – Being and becoming a moral example
The two words most commonly linked to character are integrity and honesty. Integrity involves being true to oneself, while honesty means being truthful with others. Each involves being real not fake, genuine not artificial, transparent not deceitful. It takes courage to have full integrity!
Choices – Thinking clearly and making wise decisions
Careful decision-making requires a sense of right and wrong rooted in character. To make the right decisions consistently, we can’t let external influence or peer pressure cause us to do something wrong when our internal conscience is telling us to do what is right. To violate conscience undermines our self-respect and also our confidence as leaders.
Conduct – Doing the right things consistently well
Conduct is defined as “a mode of personal behavior.” Only individuals can behave. The conduct of a company, government agency or sports team is a reflection of the conduct of the individuals making up the organisation. To shape the conduct of the individuals who follow us, we must be able to hold them accountable for their behavior. But first, we must be held accountable ourselves. As leaders, we set the tone for the conduct of the individuals in our organization.
Consequences – Receiving the results of seeds that we sow
The success of your day is based on the seeds that you sow, not the harvest you reap. Too often, leaders bypass the process of sowing seeds in favor of shortcuts for results. Sadly, the end begins to justify the means, and principles are tossed out for more expedient behavior.
We spend our day either preparing or repairing. Preparing allows us to focus on today, while repairing forces us to clean up yesterday. Preparing invests for the future, repairing pays down past debts. Preparing increases efficiency, but repairing consumes precious time. Preparing increases confidence, while repairing breeds discouragement. Cherish each day to grow and develop, and avoid making mistakes which will return to haunt you. Remember: the secret of your success at succession is determined by your daily agenda.
A marketing definition of legacy
Succession Planning - 3 Brilliant Benefits For Managers
Guess What? Succession Planning is not Rocket Science
“Do You Know Where Your Succession Plan Is? And Do You Know What To Do If You Can’t Find It?”
Succession Planning - Vital For Your Business At All Levels
Article Tags: Business Coaching, continuity, Crucial Conversations, high performance teams, leadership training, leaving a legacy, motivation, succession
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About the Author: Geoff Flemming RSS for Geoff's articles - Visit Geoff's website  Geoff Flemming is the Director of Business Transformations, a well established coaching and consulting firm based in Victoria. Apart from Geoff's track record in senior management working with a range of Australian corporations, Geoff has been in the coaching field for 11 years. He has developed and delivered a range of leadership and behavioural change programs nationally through a range of industries. His specialty is in developing emerging leaders and working with fast growth organisations. Geoff has designed and successfully delivered leadership and executive coaching development programs through service industries such as retail security and salons, through to pharmacy groups and a number of franchise organisations. The primary outcome in organisations that have been through Geoff's programs is in the creation of a culture of leadership and high performance. That is teams of people who are aligned, communicate well, keep each other accountable and are intrinsically motivated to achieve the best possible result. Geoff also runs Crucial Conversations Australia / New Zealand. This organisation is part of SevenSeventeen, the licensee for VitalSmarts products in Australia and New Zealand. Crucial Conversations now runs under license in more than 40 countries around. It is the consumate program for people in all walks of life to teach how to have tought conversations - and have them go well! http://www.crucialconversations.com.au Click here to visit Geoff's website   Leadership in Business and Personal Growth Managing Change Good to be Great Execution The Power of Getting Things Done Building Character Move up when the pressure is on |
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