Best Practice Strategies for Succession Management
For organizations that compete in a volatile, uncertain, chaotic, and ambiguous (VUCA) business environment, the ability to effectively identify, develop, and deploy executive talent in critical leadership roles is a sustainable source of competitive advantage. To effectively prepare for the unprecedented departure of leadership talent while aligning people development practices in an uncertain business environment, organizations must develop succession management capabilities—the talent management and succession planning practices that enhance bench strength in critical leadership positions, ensure smooth transitions in executive roles, and cultivate leadership talent across the organization.
Our speaker, Kevin S. Groves, Ph.D., discusses the Succession Management Capabilities (SMC) framework, which captures succession planning, talent assessment, and leadership development practices critical for driving performance outcomes in VUCA environments. The session will cover compelling lessons from nationally prominent healthcare organizations, including Kaiser Permanente, Cleveland Clinic Health System, and Sutter Health. Captured in his recently released book, the SMC framework and lessons from the healthcare industry offer a practical template and a series of best practices and policy recommendations for enhancing succession performance outcomes.
Kevin S. Groves, Ph.D. is President of Groves Consulting Group, LLC, and Associate Professor of Management at Pepperdine University’s Graziadio School of Business and Management. An active leadership scholar, Dr. Groves’ research is currently focused on talent management and succession planning practices, particularly the ROI of such practices across industry sectors. He conducts national benchmarking survey studies, including the semi-annual Healthcare Talent Management Survey, intensive case studies of organizations with exemplary talent management practices, and assessments of the financial impact of talent management best practices. Dr. Groves’ research is widely published in business, leadership, and healthcare management journals. He recently published Winning Strategies: Building a Sustainable Leadership Pipeline through Talent Management & Succession Planning, a book that examines talent management and succession planning best practices, with a focus on the impact of these practices on operational, financial, and workforce metrics.
Groves Consulting Group, LLC supports businesses, non-profit organizations, and government agencies with leadership and organization development solutions, including 360-degree assessment tools, executive development program design and facilitation, succession planning systems, and high-potential identification and development practices. The firm’s clients include Kaiser Permanente, PepsiCo/Frito-Lay, Hospital Corporation of America (HCA), HealthStream, Inc., Allison+Partners, Jollibee Foods Corporation (JFC), St. Joseph Health, and Sutter Health.
As an Associate Professor at the Graziadio School, Dr. Groves teaches a range of graduate courses including leadership competency development, organization design, and organization development and change. He primarily teaches in the Graziadio School’s full-time and part-time MBA programs at the Malibu and West Los Angeles campuses. Prior to joining the Graziadio School faculty, Dr. Groves served as an Assistant Professor of Management and Director of the PepsiCo Leadership Center at California State University, Los Angeles. Prior to his academic career, Dr. Groves worked as a management consultant in the Strategy & Organization practice at Towers Perrin (now Willis Towers Watson).
This Webinar is a non-commercial presentation sponsored by ZurickDavis
Posted on Dec 12, 2017