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PLANNING FOR FUTURE LEADERS

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Presentation on theme: "PLANNING FOR FUTURE LEADERS"— Presentation transcript:

1 PLANNING FOR FUTURE LEADERS

2 PLANNING FOR FUTURE LEADERS
Why? How to identify future leaders How to develop future leaders

3 Think about the journey you travelled to get to the leadership role you hold today.
How did you get there? How confident do you feel about the current capacity of one of your peers or subordinates undertaking your role? What would need to happen to change this?

4 Common Themes from our Interviews with Current Leaders
Mentors Provided with opportunities Cross functional experience Outside comfort zone Provide challenging work Variety Right place at the right time

5 You do not have to have a crystal ball to plan for the future!!!

6 WHAT ARE THE 3 OPTIONS?

7 Do nothing Recruit externally Grow your own leaders

8 We have the right people
ASSUMPTIONS We have the right people Recruitment process to attract the right people We have clear and defined values

9 Feedback from staff and common themes – HR Staff Survey
WHY??? Feedback from staff and common themes – HR Staff Survey

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12 Estimated costs associated with recruiting to a senior/ executive position recently undertaken at RMIT $119,000

13 Toyota Case Study cont… 3 components to the Performance Process at Toyota
Balanced scorecard Appraisal 3. Career progression

14 Three track leadership (TTL) model- Kur and Bunning
Senior Group Succession Management Project Group T1 Business Development TIME T Leadership Skills Track T3 Personal Development Track

15 Future Leaders learn their business, learn to lead and grow personally

16 What if I get hit by a bus….

17 Activity: Consider the leadership competencies required within your own organization.    List these on the paper provided. What could you do within your organisation to develop potential leaders?

18 Where to from here……………..


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