Step 1:
Review the 10 steps for strategic succession planning
Case Study for CEO strategic succession planning: 10 Steps for Strategic Succession Planning from Myers, D., (2014). Credit Union Executives Society, p. 38
Step 2: Read the following questions, and use what you have learned about Business Basic Startups to summarize your responses in a 1,000-word paper (APA formatting required):
What does this case study illustrate about decision making?
How could the decision-making process have helped in both the response to any crisis situation and in preventing it from happening?
Could procedures, policies, and rules play any role in future decisions and meet leadership needs? What are key drivers for this company?
Describe the impact that problem-solving, decision-making and logistics might have in an unprepared organization that lacks succession planning, based on the industry described in the case study.
Think of other organizations that you have worked for. In your experience, have they implemented any stage of this 10 step process for strategic succession planning? How could they have added this is this was not the case? How could they have expanded beyond the steps they did have to be more effective?
Step 3: Write a paper.
Write a 1,000-word paper that addresses all the points above.