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Assessments | Trust & Teamwork | Talent & Careers | Executive Coaching | Leadership Discovery | Succession Planning | Board & Sustainability Compliances
What is SUCCESSION IQ
Succession IQ, is an evolved science which is based on several decades of proven research and practical examples based framework.
The frameworks used in Succession IQ are based on extensive and rigorous Behavioral Intelligence, Personality Psychology and Human Outlook Anchors (Our Emotional & Social Paradigms).
Collectively, the whole core of the science at the center of this is not less than 4 to 5 decades old.
What differentiates Succession IQ?
Succession IQ, scores well over all & every succession planning approach or model you could ever use.
The key reasons are very simply as stated below:
- Not impacted by Conscious & Un-Conscious Biases
- Devoid of Crowned Prince Syndrome
- It is not Talent Acquisition
- Our experts will never have any agenda (known or unknown)
- It is a full fledged science with well established steps & milestones
- Our experts can not leverage their involvement in the process to their advantage as they have no stake in your business
- Finally, it requires a lot of hard work with meticulous planning & deep expertise and nothing can be fast forwarded so always leave this process to an external specialist alone.
Why almost all Succession Plans Fail?
Having observed several many of the hundreds of cases of Succession Disasters, we noted common & repeat very serious Succession Mistakes made by some of the World's biggest corporations. It became very clear to us that even today, the Succession Planning Process is severely under-rated and grossly under-estimated in comparison to its real tangible & crucial business value to any organization's future business continuity.
Almost all organizations make very similar common mistakes here, surrounded by tons of conscious, unconscious and conflicting biases.
Having observed several many of the hundreds of cases of Succession Disasters, we noted common & repeat very serious Succession Mistakes made by some of the World's biggest corporations. It became very clear to us that even today, the Succession Planning Process is severely under-rated and grossly under-estimated in comparison to its real tangible & crucial business value to any organization's future business continuity.
4 Common Biases (Conscious & Un-Conscious) noticed worldwide are:
- King-Maker Bias – CEO/Chairman favoring ‘chosen’ successors.
- High-Performer Bias – Promoting based on past results, not on readiness.
- Crown Prince Bias – Selecting those most similar to incumbents.
- Favoritism Bias – Selecting your favorites as a successor
Impact: Leadership continuity breakdowns (Disney 2022, GE 2018, Uber 2017).