However, planning for this shift can be complicated and sensitive. As a result, succession plans are often pushed off until the last minute, held in secret, or limited to financial, structural, and public relations agreements. This leaves the rest of the organization in a position of uncertainty and frequently creates a scramble when decisions are finally announced.

In other words, our experience shows that the prevailing mindset when it comes to succession planning is to minimize disruption and risk. And unfortunately, this mindset often results in unneeded disruption and risk, and worse squanders the remarkable opportunity for growth that succession can create.

What if we flipped our perspective and looked at succession as a catalyst? Could the planning for a key leader or owner’s transition become a forcing function for the growth of future leadership and for the organization itself? In this Frameworks Episode, we will explore the unique opportunity succession represents and walk through an approach to planning and executing a succession that can provoke extortionary growth and performance from your team and your organization.

If you are an owner/leader looking toward retirement or someone responsible for preparing your organization for a key member’s succession, you don’t want to miss this episode.

When:

Wednesday, July 28th, 11:30 a.m -12:30 p.m.

Fathom Frameworks – A series about how to become a high-performance, purpose-driven organization

Purpose seems to be all the rage in business these days, and Balaji Ganapathy, CSRO Tata Consulting made it plain and simple in a recent panel lead by Fathom’s Brent Robertson by stating “Purpose is the New Tech.”

Maybe that’s because the evidence is clear that organizations driven by ideas greater than the services and products they provide, outperform those that aren’t. In fact, the 2018 Corporate Board/EY Global Leadership Forecast finds that “Purposeful companies outperform the stock market by 42%.”

So, how does purpose get established, and how does it translate into a meaningful and measurable change in performance? Fathom is in the business of creating high-performance purpose-driven organizations and is beginning a new series called Fathom Frameworks where you can learn about, and engage in, the transformative power of purpose.

Each episode will focus on a common business activity such as strategic planning or team building and showcase ways to dramatically enhance the outcomes those activities deliver by changing where you’re thinking and acting from. We will introduce powerful new perspectives, share examples about how those perspectives have been applied successfully and how you can engage with them and Fathom to drive performance beyond the benchmarks of what you’ve known is possible.

Join us for this complimentary event:

Wednesday, July 28th, 11:30 a.m -12:30 p.m.

Register now on Eventbrite.