Following Up the “Building Bench Strength” Succession Planning Seminar at TIBS

With an introduction by Howard Shiebler, the new president and CEO of GE Commercial Distribution Finance (CDF), David Spader’s 2-hour session called  “Building Bench Strength – How Strong Is Yours?” was hosted by Boating Industry Canada magazine in partnership with GE CDF.

The seminar was held at the Toronto International Boat Show on Tuesday, January 17th. While the session dealt with succession planning broadly, it started by asking the question; what happens when you don’t have a strong bench?

The Indianapolis Colts just found out. Quarterback great Peyton Manning did not lead his team onto the field at the start of this season for the first time in 227 consecutive games. Apparently the coaches were caught off guard; nobody seems to have planned for that eventual likelihood. The Colts were left scrambling and had to bring 38-year-old Kerry Collins out of retirement, and were quickly onto another quarterback! The result? The Colts finished the season 2-14!

The concepts David Spader covered included:

The Most Common Management Succession Mistakes The 3 Fits of Future Leaders… and the Single Most Important and Most Often Missed How Long Should It Take?

How Can I Accurately Assess the Capabilities of Future Managers/Leaders?

Why You Should Make Them Earn It & What Happens if They Don’t?

In the upcoming issue of Boating Industry Canada, David Spader has offered to write a follow up to this very valuable session. Look for his story in the February 2012 Boating Industry Canada magazine or contact your GE CDF rep for more information on how to build bench strength in your business.

Photo: Andy Adams Editor of Boating Industry Canada (left) thanks David Spader of Spader Business Management for his excellent presentation.

Related Posts





Princecraft Boats upgrade their facilities with an investment of over $4 million for the addition of a powder coating line

CMRA

Princecraft boats on April 17, 2024, announced to their employees, a major investment in one of their three Princeville plants, which will include the installation of high-tech powder coating capabilities. The nearly $4 million upgrade marks the largest investment in Princecraft facilities since the early 2000s and will improve operational efficiency, product quality and better poise the company for response to demand.

Read More




Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.



The Hydrobike, a key concept that embodies a vision for the future

DECATHLON, determined to erase the boundary between land and water, introduces its latest forward-thinking concept: the HydroBike. This innovation from the French sports giant aims to democratize access to nature while staying ahead in the transformation of their business model. 

The initial assessment: paddle sports are often inaccessible to less experienced individuals, assuming the acquisition of paddling skills.

Read More


ACR Electronics emergency beacons are designed with one purpose: to save lives.

Hubbell-Marine Stainless steel outlet covers

An all-encompassing and dependable set of vital resources, ACR GlobalFix V5 AIS RLS EPIRB Survival Kits ensure security and survival in waterborne emergencies. The most advanced EPIRB (Emergency Position Indicating Radio Beacon) available, the ACR GlobalFix V5 EPIRB combines 406 MHz satellite connectivity with Automatic Identification System (AIS) functionality.

Read More