Susan Mitchell, Mitchell Stankovic & Associates

PODCAST: The strategy behind succession planning

Create a plan to ensure your organization is relevant and future-focused.

April 26, 2024

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.

Listen to the full episode on Apple Podcasts, Google Podcasts, or Spotify.

In this episode:

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