Leadership Development is a key to any business that aspires to grow. Not in terms such as a broadened scope of duties for an employee but transferring the knowledge and understanding of how daily work place activities apply to the broad strokes of the business plan. This implies that a line of trust that must be given to your candidate in order for that person to be truly comfortable applying newly acquired skills.
Understandably this can be a difficult thing for many business leaders; to pass the reigns and and let new blood take over must be a calculated decision. They will make mistakes, it is inevitable. How an organization mitigates those incidents and turns them into teachable moments really does define the company's soul.
There are several methods which can be implemented in the transfer of this knowledge base from management to a rising star in your organization. From our perspective, there is no one key that fits all proverbial locks. Proper supervision, open lines of communication and pride of organization are just a few tools in any management teams toolbox.