Just finished reviewing the webinar with Liviu Dedes from Pep Boys and Kathy Green from Advo about Succession Planning. It’s really amazing how it can completely transform the flexibility and adaptability of an organization.

Both Pep Boys and Advo shared their experiences from start to finish on implementing Succession Planning and making it work in their organizations. I’m not going to summarize the whole thing, but I encourage everyone to watch (it’s reasonably short and to the point – and the Interwise system lets you skip to specific slides with their accompanying audio – COOL!). Or, you can just download the slides for a quick perusal.

Some things I learned:
– Most companies already have the data they need to start planning for succession
– 75% of the 320 attendees said they would NOT be able to grow their leadership team by 50% in 45 days (could you?) They actually had to do this at Pep Boys.
– Succession Planning brings HR to the strategy table – when an executive leaves, HR can be there with hard data showing who’s ready now, and who’s the best fit to assume the role

Here are the Slides. Here is the Webinar.