10 questions to assess your readiness for a successful leadership transition.
1.) Is your organization privately held, a public company or a non-profit?
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2.) How detailed is the succession plan you have in place right now?
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3.) How do you determine the readiness of successors to assume the roles of key leaders should they leave or retire?
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4.) When leadership transitions occur, how well do you understand the cost of those transitions to your business?
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5.) How "closely held" is your organization, where decision making authority is primarily controlled by just one or a limited number of senior leaders?
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6.) How often do unclear accountabilities in your leadership team negatively affect your organization?
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7.) Rate your organization's senior leadership capability.
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8.) How confident are you that your organization can maintain future growth in the event of abrupt leadership changes?
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9.) How would you rate the current performance of your organization?
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10.) How long does it take your staff to fully embrace significant organizational changes?
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