Building Your Succession Bench Before the Trade Deadline

Building Your Succession Bench

Effective succession planning resembles successful coaching. Just as in sports, managers invest heavily in their MVPs, ensuring they feel valued, engaged, and well rewarded. However, without actively engaging the second string, succession planning efforts can fall short.

Around 70% of good second-team players who have been with the company for more than four years are actively looking for new opportunities. Competitors know this and understand what you might be doing—or not doing—that could lead to losing them. This webinar will provide proactive and reactive strategies to build and strengthen your bench with 3, 4, and 5-Tool Players.

Talented team members are always on someone’s radar. More concerning, your potential future starters might be trying to get noticed by other teams, assessing their value, and seeking new opportunities that offer better prospects. In this webinar, you’ll learn the key reasons why they are searching for new opportunities or at least open to being traded, sold, or poached. Understanding these motivations will help you implement strategies to retain them.

Our experts will share their approach to assessing your bench, providing practical, relevant, and critical data to build a future-ready team. You’ll learn to look beyond competencies, performance, and potential, and focus on the elusive but crucial 6th Tool: Motivation and Drive. Understanding and acting upon this tool ensures a strong and loyal second string.

By attending this webinar, you’ll gain insights into how to keep your second team engaged and motivated. You’ll learn techniques to identify and nurture potential future leaders, ensuring they see a clear path to advancement within your organization. Investing in your bench not only strengthens your succession planning but also builds a more resilient and committed workforce ready to step up when needed.

Join us to discover the secrets of effective building your succession bench and learn how to build a robust and loyal bench. Ensure your organization’s long-term success by keeping your future stars motivated and engaged.