I commonly hear succession planning prepared with planning for yourself to leave a company or a job retirement or exit planning because you're going to sell a business but succession planning is so much more and it's something you should be thinking about every day as a leader you should think about your key players and what skills if they had would make them more valuable to the company um how do you step up and Elevate yourself to do more strategic things because you have built the person who works for you to do more of the things you're doing day-to- day the more strategic you can get by developing the people who work with you and for you um the more great opportunities and Gifts can come to your company so succession planning is something we should be thinking about always how do we cross train people so that they can do more that way when someone is given an opportunity to do something different in your organization or even outside your organization you're flexible and agile when an opportunity comes to your organization through a new industry or a new customer or even a new segment or idea overall you're flexible and agile because you've been cross trining people you've been thinking about succession you've been working to empower and elevate your team and you are ready for those opportunities when they come those who wait till they see a specific event that triggers succession miss out on lots of opportunities don't miss out on those opportunities succession plan on a daily basis [Music]