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The Next Level of Leadership
“Leadership is the capacity to translate vision into reality.” – the late Warren Bennis, American author widely regarded as a pioneer of the contemporary field of Leadership studies.
Today we are talking about the next level of leadership as it relates to succession planning. I’ll be presenting more on this subject to Chief Executive Officers and owners of family businesses on.Feb 10 at the Harvard Club in NYC for the Wilson Conferences "The Liquidity Event".
If you are a business owner or a business executive, you know that there will eventually be a transition in ownership. You can create sustainability and a greater value for the enterprise by grooming the next tier of leaders. Sustainability in this context is securing within the culture of the company a set of guiding principles and conversations that lead to unbreakable growth orientation. That may be important to you if your financial exit strategy includes a residual payout or annuity. You may also feel strongly about leaving a powerful legacy for your business.
There is no right way to do this. Instead, you will be consistently exploring, reading, learning and conversing with people who have a stake in the business. Search for, build on and create strong commitments to the core values of your business. Some of these values could include integrity, innovation, respect for community and high standards of excellence.
When you put time and attention into preparing yourself and others for your transition to the next level, you also create a freedom for what’s next in your life. You might want to immediately explore how to apply all the things you’ve learned having become the great leader you are now. Consider conversations with an executive coach or a career coach, even if it seems that your next transition would be out of what is traditionally considered a career and is commonly known as retirement. To stay vibrant, healthy and fulfilled as a human being, you need to find a new purpose and set of commitments for the next chapter in your life. There’s a new vision for you to create for yourself to turn into reality as a leader and as a person. So what about you? What is the legacy you are leaving behind and how will it inspire people?
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By Jonathan Flaks“Leadership is the capacity to translate vision into reality.” – the late Warren Bennis, American author widely regarded as a pioneer of the contemporary field of Leadership studies.
Today we are talking about the next level of leadership as it relates to succession planning. I’ll be presenting more on this subject to Chief Executive Officers and owners of family businesses on.Feb 10 at the Harvard Club in NYC for the Wilson Conferences "The Liquidity Event".
If you are a business owner or a business executive, you know that there will eventually be a transition in ownership. You can create sustainability and a greater value for the enterprise by grooming the next tier of leaders. Sustainability in this context is securing within the culture of the company a set of guiding principles and conversations that lead to unbreakable growth orientation. That may be important to you if your financial exit strategy includes a residual payout or annuity. You may also feel strongly about leaving a powerful legacy for your business.
There is no right way to do this. Instead, you will be consistently exploring, reading, learning and conversing with people who have a stake in the business. Search for, build on and create strong commitments to the core values of your business. Some of these values could include integrity, innovation, respect for community and high standards of excellence.
When you put time and attention into preparing yourself and others for your transition to the next level, you also create a freedom for what’s next in your life. You might want to immediately explore how to apply all the things you’ve learned having become the great leader you are now. Consider conversations with an executive coach or a career coach, even if it seems that your next transition would be out of what is traditionally considered a career and is commonly known as retirement. To stay vibrant, healthy and fulfilled as a human being, you need to find a new purpose and set of commitments for the next chapter in your life. There’s a new vision for you to create for yourself to turn into reality as a leader and as a person. So what about you? What is the legacy you are leaving behind and how will it inspire people?