Succession Planning for Biotech

Week 3 Team Deliverable #2 – Succession Planning for Biotech – Part One

NOTE: All submitted work is to be your team’s original work. You may not use any work from another student, the Internet or an online clearinghouse. You are expected to understand the Academic Dishonesty and Plagiarism Policy, and know that it is your responsibility to learn about instructor and general academic expectations with regard to proper citation of sources as specified in the APA Publication Manual, 6th Ed. (Students are held accountable for in-text citations and an associated reference list only).

Purpose:

The purpose of this project is to gain an understanding of succession planning and what it means to plan for future leadership that is aligned with an organization’s core values and leadership competencies.

Skill Building:
You are also completing this project to help you develop the skills of research, critical thinking, teamwork, and writing a report intended for executive review. Writing is critical because in business it is important to convey information clearly and concisely and to develop a personal brand. Developing a personal brand is important because it is the ongoing process of establishing an image or impression in the minds of others especially those in positions above you. Having a strong personal brand can lead to opportunities that include promotions.

Skills: Writing, Critical Thinking, Developing a Personal Brand, Succession Planning, Writing a Succession Plan Report.
Outcomes Met With This Project:

use leadership theories, assessment tools, and an understanding of the role of ethics, values, and attitudes to evaluate and enhance personal leadership skills
assess the interactions between the external environment and the organization to foster responsible and effective leadership and organizational practices
Collaborate in teams utilizing effective communication techniques
Develop individual awareness, style, and communication skills that enhances leadership skills
Integrate and apply analytical principles and skills to make strategic decisions
This project is the second of three group projects. Members of the team will collaborate acting as a self-managed team. As a self-managed team, members take a collective responsibility for ensuring the team operates effectively, sets team goals, manages time, makes decisions and solve problems, communicates frequently and clearly, and meets the deadline. You may have team members that are located all over the world. Working in a virtual environment should not stop the self-managed team from being successful in reaching the final goal. All work must appear in the Group area.

As a self-managed team, the following is the work for which team members are responsible:

setting goals
determining roles and responsibilities for each team member
actively participating and communicating in the Group area of the classroom
completing the agreed upon work prior to the deadline
resolving problems and issues among the team members
agreeing on a final product as a group (consensus decision making)
submitting the final product into the Assignment Folder (each team will submit into the Assignment Folder)
All students on the team will receive the same grade unless a member fails to participate or does not carry his or her weight in completing the project. These students will receive a zero or a reduced grade depending on the level of participation and contribution to the team project.

Teams can consist of 2, 3 or 4 students but should not consists of more than four students. Team members are responsible for completing the project even if a team member does not fulfill his or her obligation of submitting the agreed upon work. The project cannot be completed individually and students cannot choose to create teams other than those created by the instructor. If a team member does not hear from any other member, it is important to reach out to the instructor.

If the project is submitted after the due date, the Late Assignment policy is applicable. No extensions beyond the due date is given to teams.

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