“…a few important ideas of how you can ensure success for the incoming leadership to key positions… ”
When I was five years old, my dad decided it was time for me to learn to swim, and he picked me up and threw me off the deck into the lake. I remember him standing on the dock yelling, “C’mon, swim…you can do it.” I’m not sure where my mother was at the time, but I am sure if she’d been within a mile of the incident, she would have jumped in and rescued me. I puttered around thinking, I’m going to drown and dog paddled back to shore, determined never to get near water in my dad’s presence again. I never had swimming lessons, but I eventually, taught myself to swim.
I can’t help but think about my dad tossing me into the water every time I hear about a person being thrown into leadership without a succession plan in place. I can count on one hand the times I’ve seen the handoff from one business generation to the next completed successfully.