Your Next Five Moves: Master the Art of Business Strategy

by Patrick Bet-David

Six Strategies for Replacement and Skill Transfer 1. List your tasks and skills. Make a list of all your tasks and skills and determine which ones you are the best at and which ones you are not. Focus on your strengths, and replace yourself on all the other tasks. 2. Identify who’s seasonal and who’s not. You can’t assume that everybody is going to work for you forever. You need to identify who is there to fill a six-year role and who a six-month role. If you determine that now, you won’t be surprised when someone needs to be replaced. 3. Know the different languages spoken by your sales, support, technical, and executive teams. Sales leaders generate revenue and build a company through their efforts. Employees are hired to support those efforts. You need to know the difference between them. Executives require empowering language that makes them feel autonomous and respected. 4. Know who can maintain the company culture. It is very important that whoever replaces you will fit the culture you established so that the business can keep growing after you leave. 5. Know your company’s practices and procedures. You need to put pen to paper and write down each department’s practices and procedures. Replacements will then have a manual to follow, regardless of their level, making the transfer of specific skills quick and painless. 6. Develop leaders to help spread the right mindset. Have one-on-one conversations with your future leaders to inject the company’s mindset into them no...

Leaders