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Succession Planning and Leadership Development

The "War for Talent," management downsizing, increased specialization, pressure for bottom-line results, and impending retirements have left many organizations with limited leadership depth and a shrinking executive bench. Forward-thinking corporate leaders are coming to grips with this issue and are taking pro-active steps to solve these challenges.

Program Objectives

"Succession Planning and Leadership Development" focuses on ROI, business growth, and real-world development strategies that will demonstratively help participants build the structure and processes to hire, retain, and develop critical talent in their companies. Participants return to their organization with new frameworks for preparing candidates for future leadership roles. Ultimately, participants will will be more prepared to take charge of their role as leader and business partner in designing and implementing the plans that ensure future success.

Who Should Attend?

This program is designed for corporate executives who have responsibility for leadership and talent development leading to a cohesive and comprehensive succession plan in their company or division. It is particularly beneficial for executives whose key challenges are:

  • To assess, build, and measure capabilities and behaviors required for leadership that build value for the individual and the organization
  • To design strategy for improving bench strength that complements business focus and competitive positioning
  • To establish a development process that works within the context of ever-changing key roles
  • To engage the organization and build commitment among senior executives to support the process

Program Benefits

We carefully orchestrate all factors to maximize your personal and professional development. Faculty present the most current methodologies and research, and possess world-class experience in talent development, succession planning, and leadership. Speakers provide timely insight on contemporary issues in business and technology. This unique and rigorous program provides:

  • Top faculty who are active in teaching, consulting, and research
  • Content designed around career stages and the leadership development research that clearly demonstrates the "value add" and ROI of this process
  • A model for strategy-driven capability development and alignment
  • An examination of organizational culture and its impact on succession planning
  • Practical strategies and tactics to engage the organization and garner commitment from senior executives

Program Content

The intent of "Succession Planning and Leadership Development" is to create unique value for you and your organization with a particular focus on:

Defining Strategy and Building Capabilities

  • The new realities of succession planning
  • Identifying your business focus and competitive anchor
  • Building the right capabilities to deliver on your strategy

ROI in Talent Development

  • Building ROI for your company and designing it into your message
  • Leadership behaviors that make a real difference in bottom-line performance

Company Culture and the Infrastructure for Succession Planning

  • "Open" vs. "closed" organizational cultures and their impact on leadership development
  • Practical tools for building infrastructure

Stages of Career Development

  • Defining the career stages of successful leaders and the development process necessary for achievement
  • Examining the behaviors of "extraordinary leaders" and how to activate them in your company
  • Establishing a development process that flatters organization's structure and works in a context of ever-changing roles

Building My Company's Plan for Talent Development and Succession Planning

  • Assessing your company's leadership development needs, current bench strength, and ways to close the gap
  • Clarifying the message and gaining commitment of senior executives to support the process

Roundtable discussion

Action plan workshop

"Succession Planning and Leadership Development" instructors include world-class faculty leaders from Penn State and other leading institutions. Each instructor has an extensive background in research and consulting, and in educating executives. Each brings to the classroom best-practice tools and implementation processes for achieving results.

Faculty Director

Chuck Ninos

Faculty Leaders

Patrick Cataldo
Dianne Durkin
Bill Rothwell

Faculty Leaders

"Succession Planning and Leadership Development" instructors include world-class faculty leaders from Penn State and other leading institutions. Each instructor has an extensive background in research and consulting, and in educating executives. Each brings to the classroom best-practice tools and implementation processes for achieving results.

Faculty Director

Chuck Ninos

Faculty Leaders

Patrick Cataldo
Dianne Durkin
Bill Rothwell

For more information contact:

Penn State Executive Programs
Smeal College of Business
The Pennsylvania State University
382 Business Building
University Park, PA 16802-3603

Phone: 814-865-3435
Fax: 814-865-3372
On the Web: http://www.smeal.psu.edu/psep/
Email: psep@psu.edu

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Program Details

Download Brochure

spld.pdf — PDF document, 360Kb

Program Dates

(Three Days)
October 10-13, 2006

Fees

The program fee of $4,500 includes all instructional materials, private room accommodations, all meals, and access to recreational facilities.

Value Creation Teams

We support team participation to maximize the impact of content and drive change within your organization faster and more efficiently. Organizations that send three or more participants will receive significant savings. Teams also have access to the full resources of Penn State during and after the program.