Life and Business After Succession

The Double Win

Michael Hyatt

Management, Intentionality, Selfdevelopment, Education, Teamleadership, Personaldevelopment, Productivity, Self-improvement, Business, Achievement, Influence, Selfleadership, Leadership

4.8 • 1.5K Ratings

🗓️ 25 May 2021

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

The horror stories of succession are many. Micro-management. Complete abandonment. Disorganized handoffs. Undermined authority. Even downright sabotage. It’s the stuff of nightmares—enough to fill anyone with dread. But it doesn’t have to be that way. The transition of leadership at Michael Hyatt and Company from Michael to Megan has been rich with lessons about successful succession. In this episode, Megan and Michael share their journey and unpack four non-negotiables for anyone looking to transition in a way that sets all parties up to thrive. In this episode, you’ll discover— The one area clarity is most important What makes check-in rhythms so important One way succession is a lot like parenting How to steer between abdication and micromanagement The question every successor is asking to themselves This episode is brought to you by the all-new No-Fail Meetings Course, where you'll discover how to turn meetings from a hated, necessary evil to enjoyable checkpoints on your way to your most ambitious milestones. Go to nofailmeetings.com to get the course at 20% off, plus get two free bonuses: Meeting Agenda Templates, and a digital version of the No-Fail Meetings book. Offer valid until May 26th, so go to nofailmeetings.com now to get your meetings on-track. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This episode is brought to you by the all-new no-fail meetings course, where you'll discover
0:06.8	how to turn meetings from a hated, necessary evil to enjoyable checkpoints on your way
0:12.9	to your most ambitious milestones.
0:15.6	Go to nofailmeetings.com to get the course at 20% off, plus get two free bonuses, meeting
0:22.9	agenda templates, and a digital version of the no-fail meetings book.
0:28.0	Offer valid until May 26th, so go to nofailmeetings.com now to get your meetings on track.
0:35.6	Hi, I'm Michael Hyatt.
0:40.1	And I'm Megan Hyatt Miller.
0:41.6	And this is lead to win our weekly podcast to help you win at work and succeed at life.
0:46.7	Today we're talking about succession and specifically what the experience has been
0:51.0	like from Megan's perspective, and from my perspective, as she succeeded me as the CEO
0:56.8	of Michael Hyatt and company.
0:59.0	But if you're not a CEO, or you don't plan to be a CEO, succession is still relevant.
1:04.7	Anytime you get a promotion, you're going to leave a vacancy.
1:09.1	And the person that takes that role is your successor.
1:12.5	And there's some things that we're going to say today that are going to apply even in
1:15.4	that context.
1:16.5	I've had situations in the past where I've done it well, times that I've not done it
1:20.8	so well, and the biggest challenge always as you move up is you're going to want to continue
1:26.9	to do the same job, but you need to guard against that.
1:30.2	And so we're going to talk specifically about how to do that.
1:33.9	So maybe where we should start, Megan, is just talk a little bit about our unique context,
	...

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