Plan for Management Succession

Succession Planning The average age of today's financial institution CEO is more than 62. Yet one very real risk that many organizations do not adequately address is the risk to the organization in case the CEO or another key member of its management team leaves the bank.

Preparing the next generation of managers for their next roles in the bank leads to developed and trained managers, an ongoing pool of qualified management candidates, and manager loyalty.

Brintech's Succession Planning engagements lead to

• Best practice succession plans for all key members of the organization's management team
• An employee "gap" analysis, including fully evaluated potential for each manager
• Strategies for filling in gaps with training and leadership development
• A succession plan tied into the strategic plan, focusing on the long-term direction of the organization.