Lesson 4: I will be promoted to my own level of incompetence—so I should employ people who make me look good!
A
Word on succession planning
Whether it be through fear, insecurity, incompetence,
negligence or a simple lack of understanding, very few managers spend the time
necessary to develop their people. Very few companies have an active succession
plan in place; one that allows anyone from any level of the company to develop
the skills and attributes necessary to rise to the next level in the company
and their career.
Yes, many companies champion on-going career development;
they even measure this as a key element in any 360 degree staff feedback
questionnaire. However, when it comes to investing time, money and effort into
that development there seems to be a shortfall of real commitment.
The long term investment benefits that come from a company
having a clearly defined career development programme are huge, even though the
initial cost of developing people may be high. When you develop people from
within your organisation, you then engrain the culture and vision of that
organisation into every aspect and level of its operations as those prospective
leaders take on more challenging roles within your business.
Many an organisation has failed in its long term objectives
by not having developed their own people and then finding they need to employ
someone external to the company. Then too late they realise that this new,
external influence doesn’t fit the culture of the organisation, or that the new
recruit acts in a way that contradicts the vision and mission of the company.
One organisation I worked with replaced their Executive
Marketing Manager more often than some people change their underwear. It was a
young, growing organisation and had, in most cases, promoted people into the
role—people who had what appeared to be the right marketing or sales
qualifications.
While these people knew their business and understood the
company intimately, having grown with it from the early years, they were
usually placed into the role with little—if any—training, mentoring or
executive coaching. When I worked with them, I often felt sadly that these good
people were being put into a ‘sink or swim’ position.
The company’s one experience of employing someone from
outside had ended quicker than an ice-cream on a summer’s day—and with a fair
few burnt relationships on the way. That person simply hadn’t understood the
special relationship this company had with their sector of the market; a
relationship that made this company so special.
Companies let themselves down by not developing great people
just on the off-chance that those great people may be the ones who will step up
into a leadership role once it becomes vacant, or if a new role is created.
They fail by not providing a continuous leadership or executive development
programme that takes an already talented person and develops their skills even
further.
They also let themselves down by promoting talented
individuals into leadership roles and then not providing them with a mentor or
coach in order to guide them in that role. (What? Are they supposed to be great
leaders automatically just because they’ve been promoted?)
Billion Dollar Leadership, at an individual level and as a
corporate citizen within the broader community, starts with employing great
people and then developing them even further. They concentrate on always making
their people better at what they do.
Billion Dollar Leadership means never being afraid to employ
people better than you. Billion Dollar Leaders recognise their own limitations
and are willing to plug the gaps caused by those limitations with other people
who are great at what they do.
Billion Dollar Leadership means never being afraid of
developing people to the point where they can be promoted—even if that means
that they could be promoted over the head of their own Billion Dollar Leader!
Billion Dollar Leadership means not being fearful that the
person being developed may end up being better than the person they answer to.
In fact, a Billion Dollar Leader will rejoice when someone they have helped
develop is the one being promoted. They will celebrate the success of their
people.
That’s just one more thing that makes a Billion Dollar
Leader so special.
All Success
ColinDo you like this article from Leading TODAY! on Wednesdays: Ideas on excellence in leadership and Being A Billion Dollar Leader? Feel free to share it with your friends also. Or, why not join us for other articles on my TODAY! Seminars’ Facebook pages on Leadership, SME Business, Good Health, Public Speaking, Networking and Living Life. Alternatively you can see them on LinkedIn, Ecademy, Twitter or my BlogSpot page or at Google+. This article is copyright to TODAY! Seminars (2011) and cannot be reproduced in any form without written approval of TODAY! Seminars.


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