How confident are you that your handoff will be a success?

Quiz Questions

• 1.
  How much time will it take to equip your NextGen leaders to take your firm into the future?

  • A.
    6 months
  • B.
    12-18 months
  • C.
    2-3 years
  • D.
    5 years or more
  • E.
    I don't know.
• 2.
  How confident are you that you know what roles need to be filled for your handoff to be a success?

  • A.
    I know exactly what roles need to be filled, and it is detailed in a written succession plan.
  • B.
    I know one or two key roles that definitely need to be filled. 
  • C.
    I have a few key roles in mind.
  • D.
    I don’t know which roles need to be filled. 
• 3.
  How confident are you that you know who should fill those roles? 

  • A.
    I know exactly who would step up, and it’s detailed in our formal succession plan.
  • B.
    I have a few people in mind for key roles, but they don’t know that yet. 
  • C.
    I know which roles need to be addressed, but not which individuals would fill those roles.
  • D.
    I have no idea. 
• 4.
  How much do NextGen leaders know about strategy, operations, business development, financials, and talent management?

  • A.
    They understand all areas of the business from an executive level view.
  • B.
    They understand some of the executive-level areas, but not all.
  • C.
    They understand the business from a department-level view.  
  • D.
    I don't know.
• 5.
  How confident are you that your handoff to the NextGen leaders will succeed?

  • A.
    90-100% confident our people are ready
  • B.
    75-90% comfortable--we’re dedicated to this
  • C.
    50-75% sure--we’re taking some steps
  • D.
    Less than 50% certain the handoff would succeed

Quiz Outcomes

• 1.
  The NextGen is not ready for a handoff.

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  The future of your business is at risk. You need help to prepare your NextGen. Investing time and money in their development is crucial for the future success of the business. Leaders don’t bail. Finish strong. Contact Pam Scott, executive coach and founder of MentorLoft, to take the first step to make your handoff a success.
• 2.
  It’s time to buckle down. 

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  You've taken some steps to ensure a successful handoff, but you need to do more. Right now you have the most knowledge, experience and skills you’ve ever had. What are you doing to pass that along to your NextGen? Make the handoff a success. Finish strong. Contact Pam Scott, executive coach and founder of MentorLoft, for help making your handoff a success.
• 3.
  Making headway. Keep it up.

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  You've worked to prepare your NextGen to take over. Good job. But some key elements are missing. Right now you have the most knowledge, experience and skills you’ve ever had. What are you doing to pass that along to the NextGen? Finish strong. Contact Pam Scott, executive coach and founder of MentorLoft, for help making your handoff a success.
• 4.
  Almost there. Finish strong.

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  Congrats! You have worked hard to equip your NextGen to take over the business. Now focus on creating momentum within your firm that will extend for generations. Leaders don’t bail. Finish strong. Contact Pam Scott, executive coach and founder of MentorLoft, and she will help you ensure your legacy.