CEO succession planning is not easy. Knowing what your company will face in the future, trying to prepare executives to run your company, and then selecting the best possible candidate from a group of internal contenders (and comparing them with highly qualified outsiders) is a truly complex challenge.
We think we’re supposed to want to grab that Boss brass ring, because many our co-workers are clamoring to break out of the cube farm and earn the right to an office with an actual door. But what if the glamorized idea of leadership just isn’t for you? What’s a stellar individual contributor in a workplace that’s all about climbing the ladder, not contentedly camping out on the third rung, to do?
You probably know someone who has recently been on an “offsite” with their team or company; you might actually know a lot of someones who have. In recent years, we’ve seen an increase in the attention and dollars organizations are willing to spend on building a company culture in the right way, and offsites have become a popular way to help do just that.
Being a HI PO is a great thing for a career. It is a designation, more often made informally, that indicates who the company is betting on to become their future rock star. There is an expectation, or at least a hope, that these folks will eventually lead the company. Do you know if you’re considered a HI PO?