1. Learning from Failures and Succession Planning
MODULE - 06
Learning from Failures and Succession Planning

2. 5 Steps of Succession Planning
Identify key areas and key positions
Identify capabilities for key areas and key positions
Identify interested employees and assess them against capabilities
Develop & implement succession and knowledge transfer plans
Evaluate Effectiveness

3. Failure is the discipline through we advance

4. Problem with employees
Afraid to fail
Afraid to make mistakes
Worry Constantly about meeting expectations
Try something new

5. Role of a Leader Give room for mistakes
Create an environment where employees have the courage to try out new things
Provide guidance to learn from mistakes

6. Warning signs for Upcoming Failure
A shift in focus
Poor communication
Poor Self Management
Risk Aversion
Ethics Slip (Competence & Character)
Lost Love

7. Why Leaders Fail???
Failing to learn from past events & trying new situations
Fail to put the right people in the right jobs
Fail to establish effective interpersonal relationships
Resolve problems quickly
Too focused on process – Creativity lost
Acknowledging the failure
Fail to see a upcoming problem/ or covering up the problem

8. Overcoming Failures… Have a genuine interest in people
Must be able to judge individuals, lead teams & coach people
Be ruthless to people when required
Avoid undue favoritism

9. Overcoming Failures… Be a visible role model – Eg Consumer focus
Constant follow up with your actions
Be personally involved in working changes through people
Develop good listening skills – accept feedback
Be a good communicator
Develop a good sense of humour
Develop your self awareness