Loichinger Advantage

Short and Long Term Services to Guide Your Succession Decision Making

Loichinger Advantage LLC offers a wide range of products and services for your organization to benefit from, as well as the expertise to customize a development solution that addresses your targeted need and situation. If you do not see the service you require, contact us by calling or completing our on-line contact form.

• Replacement Planning

  We often begin working with organization on the short-term task of replacement planning prior to engaging in succession planning. In replacement planning our focus is on current roles and positions given the current list of players within the organization and understanding their past performance record, should something unforeseen happen in the near future. Who’s the back-up? We’ll often start with the critical roles, identify the depth of talent available, and move into the development discussion – again, all focused on the short-term need.

• Succession Planning

  Succession planning on the other hand is more strategic, looking at the current and future needs of talent for the organization. As we look at successors, we will consider market changes, strategic intent, ownership timelines, new and changing roles, and growth opportunities. It is also different in that it is a continuous management process, without an end; where replacement planning is more of a discrete task.

• High-Potential Development

  While most organizations are caught in the trap of development requests, more and more are seeing the value of planned development initiatives, based on the strategic purpose and skill sets required. When caught in the moment, development is often focused on those who really need help, on the positions where we have the most people, or on the executives who want to continuously upgrade their knowledge and skill. High potential development is focused on identifying the solid contributors, and rising talent within the organization, and developing their talents in a way that satisfies their personal craving as well as the changing needs of the organizations.

• Executive Coaching

  The most effective organizations are led from the top, and offer challenging and engaging opportunities for all leaders to grow. Executive coaching offers key leaders the opportunity to prepare, structure and measure their leadership growth. Our team of consulting associates brings decades of experience to individuals, or a group of high-potential leaders coming out of your talent management systems.

• Exit Planning

  Exit planning is one of the most significant series of decisions that a closely-held or family-owned business owner will make in their career. It is a combination of replacement and succession planning that focuses on the replacement of the business owner, and the implications for the organization. Many factors go into the planning process as we target recommendations on the timing of the exit, the future of the current business owner, their financial expectations, and the choices available for sale.

These opportunities are only a few of our leadership products and services. If you have a developmental opportunity or issue that needs attention, contact us by phone, e-mail or completing our web-based contact form.