DEVELOP AND RETAIN KEY LEADERS THROUGH SUCESSION PLANNING & MANAGEMENT

Succession Management

The Karmichael Group advises executives and boards on how to identify, prepare, and retain leaders for mission critical roles. We partner with a restricted number of clients per industry sector in Vancouver on a long term contractual basis for succession planning and management.

In the Succession Planning process, we take steps to gain a deep understanding of our client’s strategy, and business, and what it will take to retain the high potential leaders.  Based on this two-pronged understanding, we apply innovative practices in succession management, and talent retention, to manage succession risks.
The core belief behind our succession planning and management approach is that the success of every organization is contingent on having the best and most appropriate leadership pool. The risk of not being able to fill mission critical roles ahead of demand (and the competition) represents significant threat.  To minimize this threat, you need to proactively develop and retain high potential leaders.  This includes providing appropriate development challenges, and a flexible work environment, that meets each leader’s needs.
If there are not enough leaders inside your organization to lead your business into the future, we can also help you build and manage external talent pools.  This is another distinguishing feature of our succession planning and management approach, which is becoming increasingly valuable to clients, as the talent gap looms large.
We work with a team of consultants and coaches based in Vancouver BC to deliver these services and we use our proprietary talent planning processes.