Succession Planning Presented by: Jim Stenger. © 2011, National Association of Health Underwriters What Is Succession Planning? Why Is It

Succession Planning

Presented by:

Jim Stenger

© 2011, National Association of Health Underwriters • www.nahu.org

• What Is Succession Planning?• Why Is It Important?• How Does It Happen?• What If It Doesn’t Happen?

Presentation Overview


• Succession: A Definition– a number of persons or things following one

another in order or sequence.

• Success: Is It Related to Succession?– the favorable or prosperous termination of

attempts or endeavors; the accomplishment of one's goals.

– a performance or achievement that is marked by success

• Succeed: Is It The Result of Succession?– to thrive, prosper, grow, or the like

What Is Succession Planning?


Success

in

Planning

What Is Succession Planning?


Members

Chapter Leaders

National Committees

Board of Trustees

NAHU Staff

Success and AHU Chapter Structure

Why NAHU Is Set Up Like It Is:


• Members• Committees• Elected Officers

– Secretary– Treasurer– Vice President– President-Elect– President– Immediate Past President

Chapter Structure


• Leaders Need to Develop Leaders and Manage Succession– “I can go on vacation for two weeks and no

one calls me with questions”– Develop members into leaders– Empower members to succeed– Prepare the chapter to run in your absence– Prepare for no “leadership vacuum”– Develop others’ leadership skills– Ensure smooth succession transitions

Leadership and Succession


• Role of the Mentor– Empower others to lead based on their:

• Skills• Experiences• Abilities• Passion

Identifying and Developing Emerging Leaders


• Four Stages of Emerging Leader Development

– Exploratory• Invite “Beginners Mind”• Mine Fresh Concepts

– Foundational• Emphasize skills/knowledge as basis for higher level

– Guided Autonomy• Encourage decisiveness• Task with frontline responsibilities• Walk through decision-making process

– Autonomy• Make yourself available as a resource

Identifying and Developing Emerging Leaders


Effective Leadership Development

Through P.O.D.E.

• What Is P. O. D. E.?• The Principles Behind P. O. D. E.• How P. O. D. E. Works


What Is P.O.D.E.?

• Plan

• Organize

• Delegate

• Execute


The Principles Behind P.O.D.E.

• Effective Time Management• Productive Team-Building• Efficient Operation• Repeatable Habit of Success


Plan

• Set Objective• Outline Steps• Define Resources• Determine Timeframe• Begin Project


Organize

• Pick Team• Confirm Commitment• Define Responsibilities• Set Budget• Obtain Resources


Delegate

• Assign Tasks• Schedule Follow-Ups• Determine Adjustments to Plan• Manage Process


Execute

• Manage Team Performance• Monitor Progress• Reinforce Positive Performance• Fulfill Objective


• Bad Consequences• Shallow Bench– Empty Positions– “Empty” Seats– Bad Morale– Leadership Burnout– “Death Spiral”

• Don’t Let This Happen To You!

If Succession Doesn’t Succeed


• The Seven P’s

Prior Proper Planning Prevents……

Particularly* Poor Performance

* Substitute another “P” word here

Remember…


“New Blood Is The Life Blood”

It’s up to leaders to continually build the chapter.

Lastly…..

Documents

Succession Planning Presented by: Jim Stenger. © 2011, National Association of Health Underwriters What Is Succession Planning? Why Is It