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Want Succession Success? Six Imperatives to Guide You 1 2 3 4 5 6

Want Succession Success? Six Imperatives to Guide You

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Leadership readiness initiatives aren’t working, so its time to RETHINK what we’ve been doing and focus on the practice of leadership acceleration. Use these six acceleration imperatives that drive succession success to move your leaders in the direction to being ready now.

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Page 1: Want Succession Success? Six Imperatives to Guide You

Want Succession Success?

Six Imperatives to Guide You

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Page 2: Want Succession Success? Six Imperatives to Guide You

We all know about the shortages in

leadership and leadership failures,

there’s plenty of data out there

illustrating these shortfalls.

Page 3: Want Succession Success? Six Imperatives to Guide You

Over the last decade, while investments in

leadership development have been steadily

increasing, the rate of leadership

readiness has been steadily decreasing.

Page 4: Want Succession Success? Six Imperatives to Guide You

Maybe we need to rethink.

Page 5: Want Succession Success? Six Imperatives to Guide You

If Learning is acquiring knowledge or skill…

and…

If growth is applying that new learning…

Page 6: Want Succession Success? Six Imperatives to Guide You

…then we seem to be doing a lot of

learning, while achieving very little

growth.

Page 7: Want Succession Success? Six Imperatives to Guide You

Acceleration is the discipline of growth.

(Hint: That means shifting our focus to the application of Learning.)

Page 8: Want Succession Success? Six Imperatives to Guide You

Leadership Acceleration is struggling to become a discipline.

Page 9: Want Succession Success? Six Imperatives to Guide You

As HR professionals, we need to

answer a few burning questions…

Page 10: Want Succession Success? Six Imperatives to Guide You

Burning Questions We Need to Answer:

• How will we make the shift from having people who are “not ready,” to having leaders who are “ready now”?

• How do we accelerate that process?

• Is readiness a state of being? Do we one day arrive?

• Or, is it a discipline of taking on new challenges?

Page 11: Want Succession Success? Six Imperatives to Guide You

Ready Now All organizations are on some kind of journey

to establish leadership readiness.

Page 12: Want Succession Success? Six Imperatives to Guide You

At DDI, we use six words, or

ACCELERATION IMPERATIVES,

as guideposts for the journey:

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6 Commit

Aim

Invest

Assess

Grow

Sustain

Page 13: Want Succession Success? Six Imperatives to Guide You

What do these six imperatives mean?

We’re glad you asked—read on.

Page 14: Want Succession Success? Six Imperatives to Guide You

COMMIT: Adopt acceleration as a business imperative.

AIM: Define leadership in the language of business context.

INVEST: Make shrewd investments in leadership Growth.

ASSESS: Assess readiness gaps and give great feedback.

GROW: Make the right development happen.

SUSTAIN: Aggressively manufacture the energy for Growth.

Page 15: Want Succession Success? Six Imperatives to Guide You

COMMIT

• Senior leadership decides—proactively—to make

Acceleration a priority.

• This is more than simply investing in a program.

• Leaders need to treat the growth of talent like sales

growth or cost reduction.

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 16: Want Succession Success? Six Imperatives to Guide You

Learn to COMMIT

• Adopt Acceleration as a business imperative!

• Nail the business case. Leave no skeptics.

• Debate leadership needs among top management.

• Pinpoint capacity gaps.

• Own the metrics of success at the top.

• Drive it like it is your core business.

Page 17: Want Succession Success? Six Imperatives to Guide You

AIM

• Knowing what you are looking for means defining

success in context.

• Your business. Your strategy. Your culture. Your context.

• It’s more helpful to aim at a few broad targets.

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 18: Want Succession Success? Six Imperatives to Guide You

Learn to AIM

• Define leadership needs simply, clearly

• Focus on the few: Fewer than 5 business priorities

• Don’t let the present blind you to the future

• Mark the hazards—clarify difficult transitions

• Seek to accelerate the whole person (knowledge,

experience, competencies, personal attributes)

Page 19: Want Succession Success? Six Imperatives to Guide You

INVEST

• You must decide how you are going to distribute limited

resources for growth.

• It’s tough for organizations to acknowledge the fact that they

cannot grow everybody at the same rate—but that doesn’t

mean that you can’t grow everybody.

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 20: Want Succession Success? Six Imperatives to Guide You

INVEST

You won’t achieve your business needs if you can’t make

some decisions about who will have accelerated development

opportunities at a certain time, and who will not.

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 21: Want Succession Success? Six Imperatives to Guide You

INVEST

• If you plan and handle your investment strategy the right

way, you have a much better chance at achieving growth at

the rate your business needs.

• Remember, the highest return comes from investing in

those who have not yet shown value, but show the

potential to do so.

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 22: Want Succession Success? Six Imperatives to Guide You

Learn to INVEST

• Become disciplined talent scouts

• Clarify definitions: performance, potential, readiness

• Confront the implications of differential development

• Don’t ask a test to do what a manager can learn to do better

• Facilitate rigorous debate about potential—be behavioral

• Develop a disciplined routine for review

Page 23: Want Succession Success? Six Imperatives to Guide You

ASSESS

• Once you’ve developed your investment strategy you are

ready to assess.

• Create an assessment strategy that scales to the different

needs you have. Fully assess your workforce.

• In the discipline of Acceleration, assessment and feedback

fuel improvements that create growth.

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 24: Want Succession Success? Six Imperatives to Guide You

ASSESS

• This imperative is critical to understanding gaps—for both

individuals and various groups within your organization.

• Scaling assessment is based on volume, risk, and the level

of implementation difficulty.

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 25: Want Succession Success? Six Imperatives to Guide You

Learn to ASSESS

• Assess readiness gaps and give great feedback

• Assess the whole person

• Scale assessment rigor to level of risk

• Use assessment analytics to plan future business

scenarios

Page 26: Want Succession Success? Six Imperatives to Guide You

Learn to ASSESS

• Don’t ask (or allow) managers to do what assessment

can do better

• Cultivate 3-part Courage:

• Sr. Management: courage to acknowledge that judgment errors happen.

• Leaders: courage to take the journey inward.

• Talent Management: courage to promote structured, accurate assessment.

Page 27: Want Succession Success? Six Imperatives to Guide You

GROW

• Make the right development happen so that growth occurs.

• Development must be scaled to the audience.

• It is essential to have a diverse array of learning solutions to

ensure the right growth happens.

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 28: Want Succession Success? Six Imperatives to Guide You

GROW

• For large groups of leaders across the enterprise, a university

approach might work.

• Or, you might implement a learning journey for a cadre of

people preparing for a special application or specific role.

• Perhaps a coach for a leader in transition.

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 29: Want Succession Success? Six Imperatives to Guide You

Learn to GROW

• Make the right development happen.

• 10/20/70 is not just a catch-phrase

• ‘Self-driven acceleration’ is an oxymoron—it takes

a village

• Factor in Business, Role, and Self

• Create a journey, not an event

Page 30: Want Succession Success? Six Imperatives to Guide You

Learn to GROW

• Make it matter to the business—to me

• Don’t just learn. Apply. Apply. Apply. (Hint: That produces Growth!)

• Powerful development experiences are

assets—invest wisely

• Don’t neglect the middle (i.e., mid-level leaders)!

Page 31: Want Succession Success? Six Imperatives to Guide You

SUSTAIN

• In times of rapid learning, there is energy. Excitement. Fear.

• Positive learning tension is the energy of Acceleration.

• It can be manufactured with:

– Great communications

– Powerful measurement dashboards that illuminate progress

– Well-aligned accountabilities for all

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6 Commit

Aim

Invest

Assess

Grow

Sustain

I M P E R A T I V E

Page 32: Want Succession Success? Six Imperatives to Guide You

Learn to SUSTAIN

• Create engagement through positive growth tension

• Make growth tension a goal. Measure it.

• Give accountabilities teeth. Measure. Monitor. Reward.

• If failure seems uncomfortably plausible, you’re on the

right track

Page 33: Want Succession Success? Six Imperatives to Guide You

Learn to SUSTAIN

• Where learning is concerned, your shareholders don’t

know what’s good for them (they won’t encourage risk)

• Institutionalize the belief in human growth

Page 34: Want Succession Success? Six Imperatives to Guide You

Let’s Recap.

Page 35: Want Succession Success? Six Imperatives to Guide You

Ready Now Six imperatives serve as guideposts for Ready Now leaders:

1

2

3

4

5

6 Commit

Aim

Invest

Assess

Grow

Sustain

Page 36: Want Succession Success? Six Imperatives to Guide You

COMMIT: Adopt acceleration as a business imperative.

1

2

3

4

5

6 Commit

Aim

Invest

Assess

Grow

Sustain

Page 37: Want Succession Success? Six Imperatives to Guide You

AIM: Define leadership in the language of business context.

1

2

3

4

5

6 Commit

Aim

Invest

Assess

Grow

Sustain

Page 38: Want Succession Success? Six Imperatives to Guide You

INVEST: Make shrewd investments in leadership Growth.

1

2

3

4

5

6 Commit

Aim

Invest

Assess

Grow

Sustain

Page 39: Want Succession Success? Six Imperatives to Guide You

ASSESS: Assess readiness gaps and give great feedback.

1

2

3

4

5

6 Commit

Aim

Invest

Assess

Grow

Sustain

Page 40: Want Succession Success? Six Imperatives to Guide You

GROW: Make the right development happen.

1

2

3

4

5

6 Commit

Aim

Invest

Assess

Grow

Sustain

Page 41: Want Succession Success? Six Imperatives to Guide You

SUSTAIN: Aggressively manufacture the energy for Growth.

1

2

3

4

5

6 Commit

Aim

Invest

Assess

Grow

Sustain

Page 42: Want Succession Success? Six Imperatives to Guide You

Ready to Begin Your Leadership Journey?

Take these next steps to succession success:

Visit our website:

www.ddiworld.com/expertise/succession-management

Contact us: (800) 933-4463 or [email protected]