SlideShare a Scribd company logo
1 of 2
Download to read offline
Barra Gwynn Enterprises (714) 271-0252
4174 Hillside Avenue Norco, CA 92860
WWW.BarraGwynn.com Page 1 of 2
December, 2012
Succession Planning – End Game Success
Businesses are founded to provide value and progress toward success. Success may be defined
as individually as each business, but share some general characteristics. These characteristics
generally follow paths such as: being bought out; going public; expanding niche market; growth
into adjacent markets; or fulfilling personal goals.
In all cases these End Games are firmly planted in the founder’s mind as they dedicate their
efforts toward each step along the way. As prosperity increases to allow emergence and
growth, the founder discovers they have to share responsibility and authority in order to
multiply the leadership leverage to maximize opportunities. In the generalized tiers of: Start-
up, Emerging, Growth and Maturity, businesses follow a pattern of developing their start, launch
and learn, refinement of their model and market and then integrating into the market place.
The emphasis starts on the leader to create the reality for the concept; the need to refine the
processes of sales and operations takes over; as processes and placement is secured focus is on
maximization; and results in the balanced organization fulfilling the end game of the enterprise.
In a growing organization, the number of areas of concern soon go exponential, at some time at
or above the founder’s ability to respond effectively, which marks the first necessary change in
organization to grow. Founder’s may grow into the needed leadership position which directs and
orchestrates. Forming teams; creating a responsive organization; operations fulfilling the voice
of the customer; organizationally performing across silos; developing future talent and
leadership; utilizing checks and balances to monitor activities; process management
documentation; and clarity of communications, are all integral foundation pieces to proceed
toward the End Game.
All of this assumes the Founder is able, capable and present to assure the foundation pieces are
set properly for expansion toward the End Game. Dedication to the End Game means they must
manage the risk of an irreplaceable, key or indispensable asset or figure is suddenly unavailable.
This is an organizational issue which extends from the Board Room through the Executive
Suites to the senior management. The founder (and the Board) wants the End Game, and needs
to oversee the continuous biggest risk to success – how to recover IF a Key person is suddenly
unavailable.
Organizational alignment and resilience are contingent upon the End Game to determine which
avenues lead toward success and which should be avoided. This guidance is necessary as the
path toward the End Game will be a gauntlet which determines the preparedness, viability and
Barra Gwynn Enterprises (714) 271-0252
4174 Hillside Avenue Norco, CA 92860
WWW.BarraGwynn.com Page 2 of 2
vitality that will continue to be challenged by real life impacts. The evolution of the
organization toward its survivorship and eventual success will be completely dependent upon
decisions and leadership as the organization is challenged and offered opportunities as it heads
toward the End Game.
Each End Game is by nature unique, but since ends for businesses are generally limited to:
dissolution; sale; or acquisition. All three of which require some End Game planning.
Strategically, the organization will cycle through emphasis and attention on particular aspects
of the business as the economy, market or competitive issues arise. These “normal cycle
adjustments” are great sources of the criteria necessary to prepare a Succession Plan that will
encompass the known vulnerabilities and solutions that allowed continuity. This is a basis for an
internal development program whose purpose is to: avoid repetitive mistakes; increase
capabilities and communication; create teaming and relationships throughout the organization;
and become a test ground of potential succession candidates. Planning the succession criteria
and possible candidates at the management level provides insight and capability to do so for the
Executives, and thereby even the Board for the success of the organization.
In the military they have formalized and defined the situations and staff which various leaders
need to accomplish their command. From Intelligence and Logistics to chain of command
exercises the general is fully staffed to allow maximum input and opinion. The biggest
advantage any leader can have is intelligence of: the situation; historical activities; the people
involved; their personalities; his logistics; his depth of resources; his advantages; and his
limitations. If these are complete a good leader can see success using the least of his
resources.
The Succession Plan should evolve from simple criteria and possible candidates to: criteria;
“trigger” events; organizational impact/change; policy support; selection process; announcement
process; transition method; roles and responsibilities changes; development programs;
mentoring support; and candidate selection.
Mallery (Mo) Aiken
Barra Gwynn Enterprises, LLC

More Related Content

What's hot

M+A Playbook 2014
M+A Playbook 2014M+A Playbook 2014
M+A Playbook 2014Dhruv Mehra
 
The Function of Talent Advisory in an organisation
The Function of Talent Advisory  in an organisationThe Function of Talent Advisory  in an organisation
The Function of Talent Advisory in an organisationKatharine McLennan
 
Performance Measurement in NGOs
Performance Measurement in NGOsPerformance Measurement in NGOs
Performance Measurement in NGOsBrowne & Mohan
 
Strategic thinking
Strategic thinkingStrategic thinking
Strategic thinkingMai Ngoc Duc
 
Management assessment leads to action and improved ROI
Management assessment leads to action and improved ROIManagement assessment leads to action and improved ROI
Management assessment leads to action and improved ROILeslie S. Pratch
 
Strategic Thinking and Management
Strategic Thinking and ManagementStrategic Thinking and Management
Strategic Thinking and ManagementDr. Tapish Panwar
 
Prince Communications - Bio Value Prop
Prince Communications - Bio Value Prop Prince Communications - Bio Value Prop
Prince Communications - Bio Value Prop DanPrince10
 
Prince Communications - Bio Value Prop
Prince Communications - Bio Value Prop Prince Communications - Bio Value Prop
Prince Communications - Bio Value Prop DanPrince10
 
Ten slides in Ten minutes - A Perspective on Organisational Design
Ten slides in Ten minutes - A Perspective on Organisational DesignTen slides in Ten minutes - A Perspective on Organisational Design
Ten slides in Ten minutes - A Perspective on Organisational DesignBill Graham CP.APMP
 
Resonans approach to strategy execution
Resonans approach to strategy executionResonans approach to strategy execution
Resonans approach to strategy executionAnders Birch
 
Reputation Thought Piece (1)
Reputation Thought Piece (1)Reputation Thought Piece (1)
Reputation Thought Piece (1)Ben Morton
 
Cultural Due Diligence
Cultural Due DiligenceCultural Due Diligence
Cultural Due DiligenceTheo Kroese
 

What's hot (16)

M+A Playbook 2014
M+A Playbook 2014M+A Playbook 2014
M+A Playbook 2014
 
The Function of Talent Advisory in an organisation
The Function of Talent Advisory  in an organisationThe Function of Talent Advisory  in an organisation
The Function of Talent Advisory in an organisation
 
Performance Measurement in NGOs
Performance Measurement in NGOsPerformance Measurement in NGOs
Performance Measurement in NGOs
 
3Future leaders 2016
3Future leaders 20163Future leaders 2016
3Future leaders 2016
 
Strategic thinking
Strategic thinkingStrategic thinking
Strategic thinking
 
Management assessment leads to action and improved ROI
Management assessment leads to action and improved ROIManagement assessment leads to action and improved ROI
Management assessment leads to action and improved ROI
 
Strategic Thinking and Management
Strategic Thinking and ManagementStrategic Thinking and Management
Strategic Thinking and Management
 
Prince Communications - Bio Value Prop
Prince Communications - Bio Value Prop Prince Communications - Bio Value Prop
Prince Communications - Bio Value Prop
 
Prince Communications - Bio Value Prop
Prince Communications - Bio Value Prop Prince Communications - Bio Value Prop
Prince Communications - Bio Value Prop
 
Ten slides in Ten minutes - A Perspective on Organisational Design
Ten slides in Ten minutes - A Perspective on Organisational DesignTen slides in Ten minutes - A Perspective on Organisational Design
Ten slides in Ten minutes - A Perspective on Organisational Design
 
Strategic Thinking
Strategic ThinkingStrategic Thinking
Strategic Thinking
 
Resonans approach to strategy execution
Resonans approach to strategy executionResonans approach to strategy execution
Resonans approach to strategy execution
 
Apcon 2019 presentation big picture marketing strategy
Apcon 2019 presentation  big picture marketing strategyApcon 2019 presentation  big picture marketing strategy
Apcon 2019 presentation big picture marketing strategy
 
7 Deadly Sins of Marketing
7 Deadly Sins of Marketing7 Deadly Sins of Marketing
7 Deadly Sins of Marketing
 
Reputation Thought Piece (1)
Reputation Thought Piece (1)Reputation Thought Piece (1)
Reputation Thought Piece (1)
 
Cultural Due Diligence
Cultural Due DiligenceCultural Due Diligence
Cultural Due Diligence
 

Similar to Succession

Strategy value ff
Strategy value  ffStrategy value  ff
Strategy value ffFarooq Omar
 
Exit Strategy Development.pdf
Exit Strategy Development.pdfExit Strategy Development.pdf
Exit Strategy Development.pdfOffpageSeo6
 
Reflections on Talent Management in Australia
Reflections on Talent Management in AustraliaReflections on Talent Management in Australia
Reflections on Talent Management in AustraliaKatharine McLennan
 
The process of strategic planning
The process of strategic planning The process of strategic planning
The process of strategic planning crfs2211
 
Global Marketing Effort
Global Marketing EffortGlobal Marketing Effort
Global Marketing Effortk.shofiq
 
Pareto Law Reviews Talent Development and Succession Planning
Pareto Law Reviews Talent Development and Succession PlanningPareto Law Reviews Talent Development and Succession Planning
Pareto Law Reviews Talent Development and Succession PlanningPareto Law
 
The 15 keys to Successful Organizational Development (A Humanistic Perspective)
The 15 keys to Successful Organizational Development (A Humanistic Perspective)The 15 keys to Successful Organizational Development (A Humanistic Perspective)
The 15 keys to Successful Organizational Development (A Humanistic Perspective)Murad Salman Mirza
 
Crafting a Strategic Exit Navigating Business Transitions for Success.pdf
Crafting a Strategic Exit Navigating Business Transitions for Success.pdfCrafting a Strategic Exit Navigating Business Transitions for Success.pdf
Crafting a Strategic Exit Navigating Business Transitions for Success.pdfOffpageSeo6
 
Do You Know Merger Math?
Do You Know Merger Math?Do You Know Merger Math?
Do You Know Merger Math?John Hindman
 
CFOs_PE Sponsored Companies
CFOs_PE Sponsored CompaniesCFOs_PE Sponsored Companies
CFOs_PE Sponsored CompaniesKeith Giarman
 
Building an outcome driven high ownership company
Building an outcome driven high ownership companyBuilding an outcome driven high ownership company
Building an outcome driven high ownership companyBrowne & Mohan
 
Dossette Intro
Dossette IntroDossette Intro
Dossette IntroDossette
 
CEO_PE_Sponsored_Companies
CEO_PE_Sponsored_CompaniesCEO_PE_Sponsored_Companies
CEO_PE_Sponsored_CompaniesKeith Giarman
 
Top Private Company Board Mistakes
Top Private Company Board MistakesTop Private Company Board Mistakes
Top Private Company Board MistakesCharles Bedard
 
Board Role in Talent Management - Dake Business Review - March 2015 Issue
Board Role in Talent Management - Dake Business Review - March 2015 IssueBoard Role in Talent Management - Dake Business Review - March 2015 Issue
Board Role in Talent Management - Dake Business Review - March 2015 IssueCentre for Executive Education
 
Avoiding blind spots in your next joint venture
Avoiding blind spots in your next joint ventureAvoiding blind spots in your next joint venture
Avoiding blind spots in your next joint venturerob coulson
 
Succession planning
Succession planningSuccession planning
Succession planningMaanik Julka
 
[Guidebook] Optimizing Your Leadership Pipeline
[Guidebook] Optimizing Your Leadership Pipeline[Guidebook] Optimizing Your Leadership Pipeline
[Guidebook] Optimizing Your Leadership PipelineDDI
 

Similar to Succession (20)

Strategy value ff
Strategy value  ffStrategy value  ff
Strategy value ff
 
Exit Strategy Development.pdf
Exit Strategy Development.pdfExit Strategy Development.pdf
Exit Strategy Development.pdf
 
Reflections on Talent Management in Australia
Reflections on Talent Management in AustraliaReflections on Talent Management in Australia
Reflections on Talent Management in Australia
 
All articles
All articlesAll articles
All articles
 
The process of strategic planning
The process of strategic planning The process of strategic planning
The process of strategic planning
 
Global Marketing Effort
Global Marketing EffortGlobal Marketing Effort
Global Marketing Effort
 
Pareto Law Reviews Talent Development and Succession Planning
Pareto Law Reviews Talent Development and Succession PlanningPareto Law Reviews Talent Development and Succession Planning
Pareto Law Reviews Talent Development and Succession Planning
 
Growing Strategically
Growing StrategicallyGrowing Strategically
Growing Strategically
 
The 15 keys to Successful Organizational Development (A Humanistic Perspective)
The 15 keys to Successful Organizational Development (A Humanistic Perspective)The 15 keys to Successful Organizational Development (A Humanistic Perspective)
The 15 keys to Successful Organizational Development (A Humanistic Perspective)
 
Crafting a Strategic Exit Navigating Business Transitions for Success.pdf
Crafting a Strategic Exit Navigating Business Transitions for Success.pdfCrafting a Strategic Exit Navigating Business Transitions for Success.pdf
Crafting a Strategic Exit Navigating Business Transitions for Success.pdf
 
Do You Know Merger Math?
Do You Know Merger Math?Do You Know Merger Math?
Do You Know Merger Math?
 
CFOs_PE Sponsored Companies
CFOs_PE Sponsored CompaniesCFOs_PE Sponsored Companies
CFOs_PE Sponsored Companies
 
Building an outcome driven high ownership company
Building an outcome driven high ownership companyBuilding an outcome driven high ownership company
Building an outcome driven high ownership company
 
Dossette Intro
Dossette IntroDossette Intro
Dossette Intro
 
CEO_PE_Sponsored_Companies
CEO_PE_Sponsored_CompaniesCEO_PE_Sponsored_Companies
CEO_PE_Sponsored_Companies
 
Top Private Company Board Mistakes
Top Private Company Board MistakesTop Private Company Board Mistakes
Top Private Company Board Mistakes
 
Board Role in Talent Management - Dake Business Review - March 2015 Issue
Board Role in Talent Management - Dake Business Review - March 2015 IssueBoard Role in Talent Management - Dake Business Review - March 2015 Issue
Board Role in Talent Management - Dake Business Review - March 2015 Issue
 
Avoiding blind spots in your next joint venture
Avoiding blind spots in your next joint ventureAvoiding blind spots in your next joint venture
Avoiding blind spots in your next joint venture
 
Succession planning
Succession planningSuccession planning
Succession planning
 
[Guidebook] Optimizing Your Leadership Pipeline
[Guidebook] Optimizing Your Leadership Pipeline[Guidebook] Optimizing Your Leadership Pipeline
[Guidebook] Optimizing Your Leadership Pipeline
 

Succession

  • 1. Barra Gwynn Enterprises (714) 271-0252 4174 Hillside Avenue Norco, CA 92860 WWW.BarraGwynn.com Page 1 of 2 December, 2012 Succession Planning – End Game Success Businesses are founded to provide value and progress toward success. Success may be defined as individually as each business, but share some general characteristics. These characteristics generally follow paths such as: being bought out; going public; expanding niche market; growth into adjacent markets; or fulfilling personal goals. In all cases these End Games are firmly planted in the founder’s mind as they dedicate their efforts toward each step along the way. As prosperity increases to allow emergence and growth, the founder discovers they have to share responsibility and authority in order to multiply the leadership leverage to maximize opportunities. In the generalized tiers of: Start- up, Emerging, Growth and Maturity, businesses follow a pattern of developing their start, launch and learn, refinement of their model and market and then integrating into the market place. The emphasis starts on the leader to create the reality for the concept; the need to refine the processes of sales and operations takes over; as processes and placement is secured focus is on maximization; and results in the balanced organization fulfilling the end game of the enterprise. In a growing organization, the number of areas of concern soon go exponential, at some time at or above the founder’s ability to respond effectively, which marks the first necessary change in organization to grow. Founder’s may grow into the needed leadership position which directs and orchestrates. Forming teams; creating a responsive organization; operations fulfilling the voice of the customer; organizationally performing across silos; developing future talent and leadership; utilizing checks and balances to monitor activities; process management documentation; and clarity of communications, are all integral foundation pieces to proceed toward the End Game. All of this assumes the Founder is able, capable and present to assure the foundation pieces are set properly for expansion toward the End Game. Dedication to the End Game means they must manage the risk of an irreplaceable, key or indispensable asset or figure is suddenly unavailable. This is an organizational issue which extends from the Board Room through the Executive Suites to the senior management. The founder (and the Board) wants the End Game, and needs to oversee the continuous biggest risk to success – how to recover IF a Key person is suddenly unavailable. Organizational alignment and resilience are contingent upon the End Game to determine which avenues lead toward success and which should be avoided. This guidance is necessary as the path toward the End Game will be a gauntlet which determines the preparedness, viability and
  • 2. Barra Gwynn Enterprises (714) 271-0252 4174 Hillside Avenue Norco, CA 92860 WWW.BarraGwynn.com Page 2 of 2 vitality that will continue to be challenged by real life impacts. The evolution of the organization toward its survivorship and eventual success will be completely dependent upon decisions and leadership as the organization is challenged and offered opportunities as it heads toward the End Game. Each End Game is by nature unique, but since ends for businesses are generally limited to: dissolution; sale; or acquisition. All three of which require some End Game planning. Strategically, the organization will cycle through emphasis and attention on particular aspects of the business as the economy, market or competitive issues arise. These “normal cycle adjustments” are great sources of the criteria necessary to prepare a Succession Plan that will encompass the known vulnerabilities and solutions that allowed continuity. This is a basis for an internal development program whose purpose is to: avoid repetitive mistakes; increase capabilities and communication; create teaming and relationships throughout the organization; and become a test ground of potential succession candidates. Planning the succession criteria and possible candidates at the management level provides insight and capability to do so for the Executives, and thereby even the Board for the success of the organization. In the military they have formalized and defined the situations and staff which various leaders need to accomplish their command. From Intelligence and Logistics to chain of command exercises the general is fully staffed to allow maximum input and opinion. The biggest advantage any leader can have is intelligence of: the situation; historical activities; the people involved; their personalities; his logistics; his depth of resources; his advantages; and his limitations. If these are complete a good leader can see success using the least of his resources. The Succession Plan should evolve from simple criteria and possible candidates to: criteria; “trigger” events; organizational impact/change; policy support; selection process; announcement process; transition method; roles and responsibilities changes; development programs; mentoring support; and candidate selection. Mallery (Mo) Aiken Barra Gwynn Enterprises, LLC