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How to Create a Strong Leadership Succession Plan With Mentoring

How to Create a Strong Leadership Succession Plan With Mentoring

Succession planning is often the key to a company's long term success. With succession planning, business owners will find that they are able to work with the leaders in their company, to hire those prospects that will be a great fit for the company and who will be able to learn, grow and be a part of the business over the long term. When mentoring is a part of your company's succession planning strategy, you will find that it is possible to create contentedness within the work place, a high level of job satisfaction and a high level of employee retention.

Mentoring is the key to creating a strong leadership succession plan on many levels because it addresses all of the following points:

1. Mentoring helps to bring the right staff on board and to bring them up to speed quickly. On some levels, this is because leaders work as a group and create a team; on others, mentoring simply helps to ensure that those who become a part of the company learn and understand their position quickly and that they will be able to know that they can advance as they are ready to do so.

2. Mentoring ensures that employees are more satisfied with their positions. Simply put, those who are involved in a mentoring program in the workplace understand what they are doing and feel good about doing it; this leads to high levels of employee retention.

3. Mentoring ensures greater levels of productivity and higher quality work. Because members of your staff will be comfortable with the position that they are filling and because they will have easy access to those who can answer questions when they have them, fewer errors will be made and work will be completed on a timely basis.

4. Mentoring ensures that you staff will have increased motivation. When a company's employees know that they are able to do the job well and that there is room for growth, they commit to the position and to growth within the company. When employees understand that there is potential for career growth, they will be more committed to the company, more likely to set goals and willing to help others succeed.

With a mentoring program as a part of your leadership succession strategy, you will find that your business will be positioned to have a team in place – a team in which the staff members work together, give their best and recognize that, as time goes on, they will be able to grow into leadership roles.

Mentoring a succession planning, therefore, allow companies to structure their business for success. Rather than looking into hiring staff at some point down the road to fill leadership positions, businesses with mentoring programs will know that they are able to promote from within which will ensure consistency of policies. Rather than worrying about potential conflicts that could lead to performance issues, with mentoring in place all members of the staff are in a position to reach out to and learn from one another.

Copyright 2009, Cecile Peterkin. All rights reserved.





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Dianne Crampton
Dianne Crampton is an executive leadership coach, team consultant, author and president of TIGERS Success Series, Inc. Dianne has been helping CEO's and Executives connect their employees to their core values and goals for over 20 years using the trademarked TIGERS team culture process, which stands for trust, interdependence, genuineness, empathy, risk and success. To download a free white paper on behaviors that build strong teams and behaviors that will predictably tear them down go here. - Visit Dianne Crampton's Website

Leanne Hoagland-Smith
Are your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website

Casey Gollan
Casey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website

David Acheson
David Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns.  David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website


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Cecile Peterkin
(Visit Cecile's Website) Cecile Peterkin is a Certified Career Coach, Corporate Mentor, author and speaker. In a world where the old definition of job security no longer applies, managing your career, just like managing your life, requires preparation and planning. Cecile's Elite Career Success Guide gives you tips, advice and strategies to achieve amazing results in your career. Find out more at http://www.SecretstoCaree rSuccess.com


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