By Mike Meagher and Dr. Matt Skoy, Sagency
About the Authors
Mike Meagher is the founder and CEO of Sagency, where he helps executive teams grow healthy companies by building strategy and leadership systems that scale. Mike is a trusted advisor to owners, boards, and CEOs navigating complexity, growth, and transition. His work centers on aligning people and performance with purpose so organizations can lead through change with clarity and confidence.
Dr. Matt Skoy is a Partner at Sagency and leads the firm’s Leadership Development Practice. He specializes in designing learning journeys that help leaders build the mindsets, skillsets, and systems required for long-term growth. Known for his engaging presence and storytelling, Matt helps organizations turn leadership development into a strategic advantage.
Jon McTaggart is a Senior Advisor at Sagency and a seasoned executive with decades of experience leading growing organizations. As the former CEO of American Public Media Group, Jon now helps boards and leadership teams align around a clear strategy, navigate complex transitions, and build strong cultures of ownership and accountability. Jon brings a thoughtful presence, practical insight, and deep care for people to his work in succession planning, transition navigation, and strategy execution.
What happens to your business when a key leader steps away? Do you have someone ready to step in, or just someone available?
For many mid-sized companies, the honest answer is: we scramble.
Maybe a founder or CEO gets pulled back into a role they thought they’d outgrown. Maybe a high-potential team member gets thrown into the fire unprepared. Or a promising external hire arrives without enough time or context to succeed.
And sometimes… nothing happens. Momentum fades. Morale dips. Confidence wobbles. People start looking elsewhere.
At Sagency, we’ve seen this story unfold with otherwise healthy and successful companies. Smart teams. Strong values. Ambitions and real potential for growth. But no real investment in building a leadership bench.
They’re doing a lot right, but they’re vulnerable.
Why Bench Strength Matters More Than Ever
Right now, more companies are at a crossroads. Baby Boomers are retiring. Talent markets are tight. New generations expect growth and development. The speed of business is increasing, while leadership capacity often remains flat.





