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Leveraging talent and leadership through succession planning

If your organizational priority is to manage a successful enterprise, chances are you have done your fair share of research to hire and train Kentucky's finest talent. With a band of committed and professional individuals backing the initiatives of your company, it is time to begin looking at succession planning. This critical aspect of running a business requires you to look carefully at the people on your team who demonstrate tenacity, enthusiasm and leadership abilities that will qualify him or her to lead others in the company. At Gatlin Voelker, PLLC, we are experienced in working with companies who are invested in their future, and we have an advanced level of understanding of the risks and challenges companies face when succession planning. 

According to American Express, if you are working on securing the success of your organization's future, there are some helpful steps you can take in your succession planning efforts. Contrary to the myth that many people believe, great leaders are not simply born. Rather, they are created over time through experiences and exposure to environments where leadership abilities are required to succeed. You can better identify the leaders in your organization by encouraging growth and learning and looking for the individuals who are proactive and committed to building the organization and facilitating its objectives.  Other things you can do include the following:

  • Maintain communication pathways with potential leaders.
  • Observe the working patterns and processes of potential leaders.
  • Encourage your top talent to gain new core competencies through involvement in cross-functional teams.

By looking carefully into the future of your organization, following these tips for preparing future leaders and maintaining a reliable emergency plan, you can be confident that if something happens, your organization will be in good hands. For more information about succession planning, visit our web page. 

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Gatlin Voelker,PLLC

Gatlin Voelker, PLLC
2500 Chamber Center Dr. Ste. 203
Fort Mitchell, KY 41017

Phone: 859-781-9100
Fax: 888-456-9179
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Call : 859-781-9100