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Managing succession: Developing tomorrow's leaders today. A future executive leadership competency framework

Posted on:2006-09-05Degree:M.AType:Thesis
University:Royal Roads University (Canada)Candidate:Kolla, LeonaFull Text:PDF
GTID:2459390008460969Subject:Business Administration
Abstract/Summary:
This study produced a future executive leadership competency framework coupled with an implementation process to develop those competencies, as a first step in creating an integrated succession management and leadership development system for a financial institution. The study identified the organization's major challenges and opportunities, changes needed for the organization to succeed, critical organizational strategies, critical executive leadership competencies required five years into the future, gaps between the present and this future state, and an implementation plan to develop these competencies and close gaps. Eight members of the senior team within the sponsoring organization participated in individual interviews and a focus group session. Twelve critical competencies were identified. Two implementation strategies resulted, one for the present senior team and one for future executive leaders. Recommendations included future steps to create an integrated succession management and leadership development system based on best practices identified in literature.
Keywords/Search Tags:Future, Leadership, Succession, Competencies
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