The Bus Factor - Talent and Succession Planning to Build Your Leadership Pipeline

When I was leading Organizational Development strategies at my former company, we used to call it the “getting hit by a bus” scenario. Then someone decided that was too morbid so it was rephrased to the “winning the lottery” scenario. In either case, we used the scenario to help the C suite and other senior leaders to think through who would replace their most critical employees if they no longer worked at the company. If your best and brightest employee won the lottery one evening and didn’t show up for work the next day, how would operations continue with minimal disruption to employees, customers, and stakeholders?
TOPIC

Leadership and Management

PROGRAM

Accelerator

Co-working Space

Ecosystem

Incubator

Investment Fund/ Vehicle

Maker Space

Pre-Incubator

SECTOR
No sector specified
TYPE
Article
LANGUAGE

English

AUTHOR
IMEC
UPLOADED

November 20, 2020

Was this a useful resource to help you develop your hub?

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Check out what the community has to say about this resource.

Recent Resources