Succession Secrets

The narrow definition of succession is passing the baton as a seller, retiring CEO or a serial entrepreneur. The broad definition is to always be in succession mode. Succession to me means keeping the learning curve steep and always looking to graduate to the next higher level of leadership or life-fulfillment position, wherever you are. I don’t care if you never want to sell the business, won’t retire or will live forever. For every organization to grow, there must be upward mobility for the people in it. Your employees will only grow to the extent there is room for them and the good ones will not even join your organization without the prospect for rapid advancement. That means that everyone will have to constantly be thinking about working themselves out of a job and coaching others below them to grow into their jobs.