7Keys to SuccessfulSuccession1. Overturn Orders2. Ready Replacements3. Expose Egos4. Open Oversight5. Calm Conflict6. Avoi...
Why sacrificial succession? Too many selfishly motivated successors dominate (Harrison, 1999) Professionally managed suc...
What is sacrificial succession?Incumbent sacrifices leadership early forsuccessorSuccession occurs sacrificially mid-ten...
How incumbents sacrificiallysucceed Prepare sacrificial successors pre-succession Sacrifice leadership mid-tenure for su...
How successors sacrificially succeedServe others without expectation of advancementSacrifice for others through leadersh...
Three-Phase Sacrificial Transition Pre-Succession: Preparation of sacrificial successors Succession Event: Sacrificial h...
Sacrificial Succession Themes Everything learned by predecessor is shared with successor Incumbent sacrificially lays do...
Become a Sacrificial Successor Practical projects for your next succession Seminars, small group and team training Pers...
References Harrison, J. S. & Fiet, J. O. (1999), “New CEOs Pursue Their Own Self-Interests by Sacrificing Stakeholder Val...
Sacrificial transition = successful succession
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Sacrificial transition = successful succession

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Sacrificial transitions equal successful successions because predecessors pay the greater price in sacrificing their leadership for successor success. Three crucial phases are preparing sacrificial successors, handing over leadership mid-tenure then staying on post-succession as successor advocate.

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Sacrificial transition = successful succession

  1. 1. 7Keys to SuccessfulSuccession1. Overturn Orders2. Ready Replacements3. Expose Egos4. Open Oversight5. Calm Conflict6. Avoid Authoritarianism7. Sacrifice Successionally
  2. 2. Why sacrificial succession? Too many selfishly motivated successors dominate (Harrison, 1999) Professionally managed successions are no solution (Garman, 2004) Not enough outgoing leaders stay on as advocates (Sonnenfeld, 2004)
  3. 3. What is sacrificial succession?Incumbent sacrifices leadership early forsuccessorSuccession occurs sacrificially mid-tenureOutgoing leader supports successors
  4. 4. How incumbents sacrificiallysucceed Prepare sacrificial successors pre-succession Sacrifice leadership mid-tenure for successor Remain post-succession as successor advocate
  5. 5. How successors sacrificially succeedServe others without expectation of advancementSacrifice for others through leadership positionEnsure self-sacrifice outweighs others sacrifice
  6. 6. Three-Phase Sacrificial Transition Pre-Succession: Preparation of sacrificial successors Succession Event: Sacrificial handover of leadership Post-Succession: Advocacy for next generation
  7. 7. Sacrificial Succession Themes Everything learned by predecessor is shared with successor Incumbent sacrificially lays down leadership for successor Predecessor acts as advocate and advisor for success
  8. 8. Become a Sacrificial Successor Practical projects for your next succession Seminars, small group and team training Personal advice and assistanceContactPaulRattray@CVC.tvwww.sacrificialsuccession.comhttp://www.scribd.com/doc/133543006/7Keys-to-Successful-Succession
  9. 9. References Harrison, J. S. & Fiet, J. O. (1999), “New CEOs Pursue Their Own Self-Interests by Sacrificing Stakeholder Value”, Journal of Business Ethics19: 301–308. Garman, A. N. & Glawe, J. (2004), “Succession Planning”, ConsultingPsychology Journal: Practice and Research, Volume 56 (2): 119-125. Sonnenfeld, J. (2004), “Good governance and the misleading myths ofbad metrics”, Academy of Management Executive”, Vol. 18 (1): 108-113. Rattray, P. (2013), "7Keys to Successful Succession", online e-bookwww.sacrificialsuccession.com

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