BEST Leadership Succession

Who is going to take over?

Business Leadership SuccessionExecutive leadership is a critical component in the success of all companies. 

Who is going to take over? Business Succession Planning is a strategic approach to ensure that necessary talent and skills will be available when needed in the future and that the essential knowledge, expertise, and experience will continue when employees in critical positions retire or leave.

As many business leaders approach retirement age, a significant number of organizations risk leadership deficits and business disruption due to a lack of adequate succession planning and leadership top-grading. When asked, 62% of employees said they would feel more engaged if they knew a succession plan was in place. In family businesses, succession planning helps uphold your family’s net worth and maintains the legacy and identity that you have created. Building redundancy in your workforce creates multiple options for management.

Succession planning should be a part of your long-term strategy. Challenges may include the breakup of a leadership team during a transition; your current “bench” of talent is no longer a fit; or unexpected departures. Whether in-house or externally, you do need to have quality successors and plans to implement them in mind. 

BEST Emerging Leadership & Coaching

BEST identifies areas of growth within current individual team members and outside candidates to achieve an effective leadership hand-off. Shifting generations cause a significant imbalance in the supply and demand of quality, experienced leadership talent. BEST partners with clients, developing criteria for the identification of up and coming leadership talent by focusing on long-term hiring strategies and practices for leadership development at all levels. Organizations that prioritize and commit to developing emerging leaders will enjoy the many benefits afforded by a productive leadership culture. BEST will help companies:

  • Identify the cultural objectives for leadership.
  • Determine current and future leadership needs.
  • Recruit and hire professionals who exhibit strong leadership potential.
  • Help accelerate a professional’s assimilation into the organization and leadership development.
  • Provide advisory and executive coaching to your emerging leaders. We have developed a network of coaches with a variety of backgrounds and experiences.

BEST provides support to companies struggling to adapt millennials and Gen Z’ers into their organization. The struggle between Baby Boomer and Generation X professionals assimilating with Millennial and Gen Z professionals is real. It’s also healthy. BEST will work closely with you to provide generational understanding and communication to bridge these challenging generational divides.

WHEN GETTING THE RIGHT CANDIDATE IS NOT ENOUGH

BEST Business & HR Advisory Services

Employee Engagement

Employee Engagement

In our continuing effort to bring the BEST tools and insight to our clients for engaging teams at work, we have partnered with Emplify, a Forbes-recognized employee engagement firm

Interim HR

Interim HR Leadership

We provide interim human resource leadership for companies going through mergers and acquisitions, suffering from operational or financial distress, seeing explosive organic growth, and more…

WR2 Human Resource Audit

WR2 Human Resource Audit

An extensive and user-friendly analysis and audit, which mitigates compliance issues, and identifies strategic human resource improvements. Middle market businesses often suffer far more exposure…

Workforce Planning

Workforce Planning & Development

Effective planning and best practices for onboarding, recruiting, and employee retention. Workforce planning and development tend to be the Achilles heel for many businesses, large and small…

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    BEST Human Capital & Advisory Group is a retained executive search and business advisory/consulting firm that specializes in small-to-medium sized companies, with an emphasis in the horticultural, hydroponics/cannabis, consumer products, crisis management and business restructuring categories. BEST serves companies nationwide and globally in an active and evolving market. Through a well-connected network of colleagues and a sophisticated predictive behavioral screening system (that we call “BEST Behaviors”), BEST drives our client’s growth and success through a focused and consultative approach.

    ADDRESS

    5809 N. Post Rd.
    Indianapolis, IN 46216

    PHONE

    1-317-757-3888

    EMAIL

    info@bhcagroup.com