Time has changed and so has the meaning of leadership. A leader is no more defined as a person with authority who tells people what to do. Today, every leader has a different style of leading people. Their way of managing, directing, guiding and motivating groups of people vary vastly and for being effective it’s important as well. The situation and the people working for you keep changing and it’s best to know the impact of different leadership styles to decide which one to embrace to make things work. An important technique of sharpening your leadership skills is knowing what works for your team and organization, and changing your leadership style to match the needs. To become a better leader you need to identify your leadership style and understand what you need to change or enhance in your style to be more effective.
Succession planning is a systematic approach for identifying and developing new leaders that can replace the old ones in future. For today’s business scenario, your organization might be well staffed but there could be changes and shifts in the upcoming days. As an employer or human resource manager, you need to think about the future and develop a workforce that can adapt to upcoming shifts and efficiently take up leadership roles whenever necessary. Succession planning is all about mapping the talents and future needs, and training and developing the employees accordingly.