There's No Success without 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

🗓️ 22 September 2020

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

You want the freedom to move on from the position you hold at your company right now. But you’d be leaving a big gap that needs to be filled sooner than later. You know someone could thrive in your position and should be equipped to take your place, but preparing for succession feels like a monumental task, emotionally and practically. Today, Michael and Megan tackle succession—why leaders struggle with it, pitfalls to avoid, and how to craft a bigger vision for the future. They’ll show you how to design a path forward that helps your company thrive and empowers you to let go and move forward. Along the way, they’ll let you in on some big news of their own. In this episode, you’ll discover— Why every leader should be thinking about succession. Examples of situations when transition plans did not go well. Why it's so hard for people to discuss this topic—and how you can overcome it. How decoupling the leader from the brand can help the company succeed. Behind the scenes details about our succession plan at Michael Hyatt and Company. 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 of Lead to Win is brought to you by our new Full Focus Planners, including our new
0:06.1	coil format and our Brown Leather Executive Planner.
0:09.8	Get them for 10% off today at full focus planner.com.
0:15.0	I think Megan is a great leader.
0:17.0	So I'm thinking to myself, if I'm a pretty good leader,
0:20.0	and I got the chance to put somebody on the field as the quarterback that could be a great
0:25.0	quarterback.
0:26.0	Why would I delay that?
0:28.0	Hi, I'm Michael Hyatt.
0:31.9	And I'm Megan Hyatt Miller.
0:33.0	And this is lead to win, our podcast to help you win at work and succeed at life.
0:38.0	And today, we're changing formats.
0:40.0	We're going to do something different, something experimental, but something that
0:44.4	frankly has been a long time coming. I'm really excited about this. I've been
0:48.3	waiting for this for a while. I am too. I mean, okay, so here's the deal guys.
0:52.1	This is going to be more informal guys this is going to be more informal this is
0:54.4	going to be much more like coffee with Megan and Michael or whoever we decide to
0:59.0	have on rather than something that's researched and scripted and I think you know some of
1:04.0	our listeners appreciate that right but we've had comments if there been any
1:08.4	negative comments that we've had is that people feel like sometimes it's too
1:12.4	structured and maybe a little too
1:14.2	wouldn't. And sometimes we feel like it's a little too structured. I mean the truth is
	...

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