Week 5 Project is here and worth a major grade, 175 points! See details below.
Course Project—Succession Plan
Re-engineering of the organization’s management and performance models to reflect the new leadership paradigm, Process for ensuring success of new CEO, and Plan for evaluating effectiveness of succession plan
- Describe the potential impact of a new CEO on the organization, its employees, and its performance. How will the organization need to restructure its performance model(s) to reflect the leadership style and competencies of the new CEO? How will this changing of the guard impact office politics and team performance How will you mitigate resistance to change, particularly among organizational groups that are fiercely loyal to the current CEO?
- Explain how you will identify, utilize, and analyze various accountability processes such as executive coaching, story-boarding, work agreements, and project management processes to ensure the successful completion of your succession plan. Select the accountability processes you believe will be the most effective and describe their implementation and evaluation.
- Explain how you will identify, utilize, and analyze various metrics, such as a 360-degree feedback, employee surveys, focus groups, and performance reports, to evaluate the efficacy of your succession plan. Select the metrics you believe will be the most effective and describe their implementation and evaluation.
Succession Planning
This week, you will evaluate the impact of the new CEO on the organization, including cultural issues, leadership issues, and performance models
- Begin by analyzing the processes (e.g., executive coaching, storyboarding, work agreements, project management) you will use with the CEO to ensure that your succession plan will work and that the new CEO has the best chance to succeed
- Continue your paper by assessing the impact the new CEO will have on the organization, its employees, and its culture. Be sure to consider the leadership attributes and cultural issues you identified in previous work on the project.
- How will the changing of the guard affect organizational or office politics?
- How might the leadership succession change the lines of authority in the formal organization?
- How might the leadership succession change networking and influence in the informal organization?
- How will the leadership succession impact teams and team performance?
- Evaluate how the organization will need to restructure its performance model(s) to reflect the leadership style and competencies of the new CEO. Be sure to consider some of the material studied previously in Week 5.
- Discuss how you will mitigate resistance to change, particularly among organizational groups that are fiercely loyal to the current CEO.
- Finally, identify and analyze various metrics, such as 360degree feedback, employee surveys, focus groups, and performance reports that you will use to evaluate the efficacy of your succession plan. Select the metrics you believe will be the most effective and describe their implementation and evaluation.
- What information will be necessary to measure the success of your plan?
- How will you gather this information?
- What will you do with this information to contribute to the continuous improvement of the new CEO and the organization?
Submission Details:
- Submit your paper as an 8- to 10-page Microsoft Word document, using APA style.
- Each Covered Heading must contain 3+ credible cited sources and a conclusion summarizing talking points.
- Due by 5/26/25 at 11:00pm CST
Requirements:
1. Make certain to include in text citations from your course text in addition to your outside leadership resources within your main post. This adds credibility to your argument.
[Textbooks]:
Hughes, R. L., Beatty, K. C., & Dinwoodie, D. L. (2014). Becoming a Strategic Leader: Your Role in Your Organization’s Enduring Success (2nd ed.). San Francisco, CA: Jossey-Bass. 978-1-118-56723-4
and
Kouzes, J. M., & Posner, B. Z. (2017). The Leadership Challenge, (6th ed.). San Francisco, CA: Wiley. 9781119278962
2. No plagiarism will be tolerated. Must be in 7th Edition APA format with cited sources within the last 5 years.