You should think about it when
You’re dependent on a few key individuals to drive critical outcomes
Leadership transitions feel risky—or are avoided altogether
High-potential talent exists, but there’s no structured way to grow or deploy them
Promotions are based on performance, but not readiness for larger roles
You’re hiring externally for leadership roles that could have been built internally
Successors are “identified” on paper, but not actually ready
Leaders are strong functionally, but struggle with scale, cross-functional influence, or ambiguity
Growth plans are ahead of leadership capability
Development initiatives exist, but aren’t translating into stronger leadership bench strength