Historically, there have been two distinct pathways for leadership succession. The first is known as the hothouse or fast-track approach. It focuses on ‘high potential’ individuals and provides them with intensive development activities (e.g., intensive training experiences, stretch work assignments, individual mentoring and/or coaching, and selective access to senior management networking opportunities).
An alternative approach to succession is the pipeline approach. This approach focuses on building a broader “culture of leadership” within the workforce as a whole, with the expectation that high-potential leaders will naturally emerge over time. This approach emphasizes a broad-based approach of organizational leadership succession, and provides a number of significant benefits for the organization’s overall talent pool.
The products and services of leadersforlife are capable of supporting both pipeline and hothouse approaches, or a blended model.
The leadersforlife strategy (and associated products and services) is represented by DIAD.
Click below for more information about each of the components of the process.