The strategy behind succession planning
from America's Credit Unions Hosted by America's Credit Unions
Succession planning is about strategic oversight and ensuring your organization is relevant and future-focused. In this episode of the podcast, Susan Mitchell, CEO of Mitchell Stankovic and Associates, talks about the importance of having an organization-wide succession plan, why taking a forward-focused approach is critical, how succession planning fits into the credit union’s strategic plan, and more.
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Chapters
- 0:59 Why succession plans are important
- 3:16 A philosophical discussion and an exercise
- 13:05 Get uncomfortable
- 15:22 How succession planning fits with strategic planning
- 18:48 How succession planning helps with recruitment and development
- 20:22 Benefits of having and risks of not having a succession plan
- 25:16 Advice for planning for the future
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Frequently asked questions
How long is this episode of America's Credit Unions?
This episode is 29 minutes long.
When was this America's Credit Unions episode published?
This episode was published on April 26, 2024.
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