Every business operates with many moving parts. Because so many business areas require attention, some critical ones can easily be overlooked by company leaders. So it’s essential for executives to take a step back occasionally and examine areas of their business that need to be more carefully organized.
Here, 14 members of Forbes Coaches Council explore some key aspects of a business that may “slip through the cracks” and share their advice on what leaders can do to ensure these areas are tended to and stay well-organized.
11. Pipeline Creation
Creating a pipeline, and not just of leaders, is often overlooked. Organizations tend to focus on succession planning for the top of the house and neglect the rest of the domino chain. When one leader is moved to another role or promoted, that leaves a vacancy, which leaves a vacancy and so on. Strong organizations help every employee think about who could step in and take over their role, regardless of level or title. – Kristy Busija, Next Conversation Coaching, LLC