Resources: Blog Post

  
January 29, 2015

Long-term plan leads to long-term success: Linda Hasenfratz

Linda_Hasenfratz_quote

“To me, there’s nothing more important, as a leader, than developing your successor,” Linamar CEO Linda Hasenfratz told SCNetwork at its January event. “To me, if your successor isn’t as successful, or hopefully more successful than you, then you’ve failed as a leader.”

Linda credits Linamar’s success in its ability to see beyond quarterly targets. The manufacturing company’s long-term outlook is what sets it apart from competitors and is what got the company through the 2008 financial collapse. In fact, the Linamar has a “2100 Plan.”

Some members of Linamar’s executive team have been working together for nearly 20 years, which Linda says has provided solid leadership for the company to prosper in.

“We want to be able to grow in double digits. We’re not going to be able to that if we don’t’ have the right people with the right skills in the right places.”

How important are long-standing relationships to the success of an organization?

Leave your comment on our LinkedIn group here

Not an SCN member? Join the premier association of leaders for leaders here


Filed under: Uncategorized

Linda_Hasenfratz_quote

“To me, there’s nothing more important, as a leader, than developing your successor,” Linamar CEO Linda Hasenfratz told SCNetwork at its January event. “To me, if your successor isn’t as successful, or hopefully more successful than you, then you’ve failed as a leader.”

Linda credits Linamar’s success in its ability to see beyond quarterly targets. The manufacturing company’s long-term outlook is what sets it apart from competitors and is what got the company through the 2008 financial collapse. In fact, the Linamar has a “2100 Plan.”

Some members of Linamar’s executive team have been working together for nearly 20 years, which Linda says has provided solid leadership for the company to prosper in.

“We want to be able to grow in double digits. We’re not going to be able to that if we don’t’ have the right people with the right skills in the right places.”

How important are long-standing relationships to the success of an organization?

Leave your comment on our LinkedIn group here

Not an SCN member? Join the premier association of leaders for leaders here


Filed under: Uncategorized
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