Boeing 777X targets to become ultra long-haul leader
Aspire Aviation believes applying Airbus' seat standards in terms of pitch in a 3-class configuration in these comparisons most accurately reflects the reality, which adopts a 60 inches seat pitch for business class seats whereas Boeing assumes a 39 …
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Learn more at PwC.com – http://pwc.to/J0a5bj PwC’s Global Software Industry Leader Mark McCaffrey discusses the changing behavior of venture capitalists.
Succession planning has come a long way from the days when it usually meant simply putting names in boxes on organization charts. Effective succession planning has evolved to a process by which successors are identified for key positions, and career development and associated activities are planned accordingly. Here are the key steps in developing an effective succession plan…
1. Decide on the depth of your succession plan.
Although the most common model for corporate succession planning focuses on the most senior jobs in the organization (the top two or three tiers), a broader-based model where a similar philosophy and processes are applied to a much larger population (managerial, professional, and administration) is becoming popular. Sustaining the devolved model will require continued support of a committed management, so that identified successors will embrace the priority given to this process.
2. Identify the specific qualities you seek in suitable candidates.
Whatever you call them – critical success factors, key leadership criteria, core competencies – you must spend time identifying the qualities you are looking for in staff and want to develop further. A suggested process is one of multiple dialogue which involves collecting views of selected individuals and groups, testing those views – focus groups could be a useful tool here – and making any necessary amendments to the list. This approach will not only help to ensure that the view taken by the organization of an individual is
based on objective evidence but also helps to gain the commitment and ownership of those who are likely to be succession candidates.
If you are having difficulty identifying those qualities, this could indicate you need to spend time defining the business you are in. Constantinos Markides in All The Right Moves outlines a straightforward and useful process to follow, providing a clearer picture to help identify the qualities required.
3. Identify high-potential candidates.
A previous decision about the depth of your plan will affect the nature and size of any list of succession candidates. If your plan is for a devolved model, the list must be sufficient to accommodate predicted demands for a wide variety of positions that may become vacant, as well as any others needing extraordinary skills or qualities. Names on your list should also reflect your equal employment policy: succession planning can never be a stand-alone concept. In identifying a strong talent pool…
Avoid the problem of incumbents choosing and developing successors who are much like themselves, thereby perpetuating the status-quo and limiting diversity. A highly homogeneous organization is susceptible to disease.
Ensure candidates’ values match closely those of the organization. Jack Welch, when CEO of General Electric, said: ‘Competencies are critical, but the company’s values are even more central.’
Ensure that all employees understand the identification process and how it works.
4. Work wisely to retain your stars.
Your retention plans must go further than dangling handsome financial packages. Research tells us that people who make career decisions based on money only will always be on the lookout for higher paying positions- they’re liable to jump ship when someone offers them a better package. Your successor candidates should be given opportunities to participate in a rich variety of assignments with opportunities to display leadership skills, become increasingly visible in the organization, gain and handle recognition for their contributions, and receive adequate coaching and mentoring. Share these mentoring and coaching roles among incumbent leaders with information generated about candidates being reviewed regularly. Ideally, discussion about performance and progress should focus on completed projects, so, wherever possible, candidates should remain in their existing posts to see their individual projects through to successful completion. In 2002, the Board of the Australian Broadcasting Commission delayed appointing a new Managing Director, opting to give maximum time for a successor candidate to demonstrate his skills as Acting-Managing Director. His demonstrated success in this acting role resulted in his appointment to the top
position.
5. Measure, reward, and review.
For a succession plan to be effective, it must be able to measure any performance improvements in its successor candidates. Successful candidates must then be rewarded in ways that are valued by individual candidates. Such rewards could vary from bonus compensation based on the extent to which they meet stated goals and objectives to an all-expenses paid weekend for the candidates and their life partners. Any review must take into account the full process from identification, planned individual development, and eventual succession or job filling.
6. Act now.
Training and preparing candidates for key leadership positions cannot be rushed. A well-planned, structured
succession strategy lays the foundation for your organization’s continued success, even when you’re not there. Do not wait until it’s too late to consider business succession – procrastination can paralyze.
Dr Neil Flanagan provides access to essential management know-how for busy people on the move. A FREE gift awaits you every time you visit management2go.com and you can take advantage of your FREE e-Topic and newsletter that will keep you informed about everything management. And if you’d like more information about issues raised in this article, you can go to http://www.management2go.com/products/Management-Medley.html
Alliance Creative Group (ACGX) Surpasses 00000 in 4th Quarter 2013 …
Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are …
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Beware the Tabur trail
The reckless and idiotic behaviour of some hikers had also prompted some regulars to start a blog (http://bukittabur.blogspot.com) to promote safety in Tabur since 2009. Volunteers have put up … For example, because of its rocky terrain, normal trek …
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What's a PIF? We should all be paying attention
Ft. Lee residents told in September that… 06:24pm. Congress Blog … Adam started out at the National Aeronautics and Space Administration and is a former entrepreneur-in-residence at the Mayo Clinic, where he was involved in the strategic planning …
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Beverly Hills, CA (PRWEB) May 16, 2013
KKMedia Inc. and its emergence as a leading force in Southern California’s Silicon Beach has been driven by a unique and innovative business model.
Over the past three years KKMedia Inc. and its emergence as a leading force in Southern California’s Silicon Beach has been driven by a unique and innovative business model. KKMedia Inc. is a creative firm like the old school ChiatDay and an incubator/investment partner like IdeaLab fused into one company.
Founder and CEO Keith Kaplan says, “It’s very effective in today’s environment to have a combo of advertising, technology and business where you create, brand, design, and engineer in unison as a complete process; not to mention the benefits you receive in lower design and development costs because of efficient departmental communication. As we continue to progress technologically, this process is, and will be, the way of the future as we see the ability to combine creative and technological practices. Traditionally, agencies, software development firms, and investment firms have been separated and this division creates issues for effective deployment and innovation; we are changing this for the better.”
Currently, KKMedia Inc. is the incubator and angel investor in two new internet based companies, meStori.com and Obeylist.com described in detail below. Additionally, KKMedia Inc. is supporting as a creative agency/web development firm the launch of XPrize’s new company FIX fixhq.com and Authority Auto’s mycarbuyingsecrets.com also described in detail below.
meStori.com – Your digital life, your stuff
Social Media and Cloud Storage like nothing you’ve seen before.
meStori.com is the first ever complete solution to create, organize, share, and store in a safe and completely private way all your photos, videos, and documents of the most important thing in your life…Your Life, Your Stori.
meStori.com seamlessly creates a beautiful left to right timeline of all your life’s digital memories that you can have completely private or if you wish, share socially. With meStori’s innovative Facebook and Social Digital Content Pull you can migrate all your digital content from your favorite social media networks to your meStori timeline with the click of the mouse, and it’s really cool to see it instantly appear in your timeline too.
The history of your life told with an elegant timeline created with the power of personal Cloud Storage combined with Social Sharing enables you keep safe all your memories without the scatter of multiple hard drives, websites, and jump drives. You can even send meStori your boxes of photos and videos and we will digitize it for safe keeping forever. Imagine, no more fire or flood risk, not more dead hard drives, just your most precious memories, your life story, private and safe in the cloud.
meStori.com is currently in private beta 1.0 and is seeking additional investors, please contact us for more information.
Obeylist.com – Hover and Discover
Where the cool kids get their news and MEMEs
There are a lot of great content sites out there and let’s face it, they don’t give you the ability to hover and discover with thousands of 80px thumbnails of the hottest trending stories and stuff by category. The fact is they are cool but they are not as cool as obeylist.com’s hover and discover interface. This is a brand new way to sell products and advertising — thousands of banners per page, millions of e-commerce sales.
Obeylist.com gives young people and early adopters a great and fast way to see, share and create the top 1000 trending stories and MEMEs on the internet by category page. Obeylist.com changes the ways young people quickly find and buy the top trending items and sales on the internet and enables young people to see what celebrities are wearing and using then quickly and easily make an e-commerce transaction to own it.
Obeylist.com is currently in beta 1.0 and is seeking additional investors, please contact us for more information.
FIX – The New XPrize Company
Bringing Crowd Sourcing to a problem near you
XPrize is taking the FIX to Crowd Sourcing with the formula created by the incredible success of XPrize Challenges like Virgin Galactic and the current “Tricorder” XPrize sponsored by Qualcomm.
FIX will be crowd sourcing the funding, educating, training, initiating, conducting, and communicating on a global scale the entire scope of a FIX Challenge on a global scale.
KKMedia Inc. has the honor to be the partner on the announcement and website launch to the world about FIX. All our best to the FIX team and to all that are ready to make a difference.
mycarbuyingsecrets.com
“Getting a good price isn’t always a great deal!”
Oren Weintrob is one of the leading consumer advocates for car buyers in the United States and has created the first ever online application and training program to expose all the backend secrets that are used to create profit centers for vehicle dealers.
We are proud to work with Oren to create this innovative and revolutionary application. KKMedia Inc. did it all, from concept to programing, a full for hire incubation of a brand new internet product. Oren is already an incredible success and we are sure this will only add to what he brings to the car buying consumer.
If you have a company or are an entrepreneur that wants to work with KKMedia Inc. as your forward thinking agency and application development company for hire, KKMedia Inc. is currently accepting interviews for new opportunities.
If you wish to contact KKMedia Inc. for press and speaking engagements we will be happy to accommodate your needs.
Bridge to the new year
“Beginners can learn the game for free 5:30-7 pm, on Wednesday, Jan. 22 or Monday, Feb. 3. For all the offerings at the Victoria … If you'd like to share your passion for your career or business with a Capstone program student, contact Mattran at …
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College offering variety of courses
Ballroom Dance for Beginners will meet from 7-8 p.m. Tuesdays, Jan. 7 through Feb. 11. Ballroom Dance – Intermediate will be from 8-9 p.m. Tuesdays, Jan. 7 through Feb. 11. Partners are recommended; hard-soled shoes are required. The cost of each class …
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The world’s most extensive venture capital and angel investor database, CB Insights, offers you a quick, simple and intuitive platform to get you the data an…
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http://www.themakemoneyfromhomebusiness.com This tutorial shows you how to make links in html and how to edit html templates. Plus free web business ideas an…
Energy Farmers Australia is crowd funding through Start Some Good to make modifications to its pyrolysis kiln. The funds will be used to develop the kiln to …