America's Credit Unions

The strategy behind succession planning

April 26, 2024 America's Credit Unions
The strategy behind succession planning
America's Credit Unions
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America's Credit Unions
The strategy behind succession planning
Apr 26, 2024
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.

Show Notes Chapter Markers

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.

Why succession plans are important
A philosophical discussion and an exercise
Get uncomfortable
How succession planning fits with strategic planning
How succession planning helps with recruitment and development
Benefits of having and risks of not having a succession plan
Advice for planning for the future