BOARD ADVISOR

Feel Confident About Your CEO Succession Plan

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CEO Succession Planning

In recent surveys of boards across the United States, CEO succession planning was consistently rated as the area where most directors felt they could do a better job.

We have the tools and expertise to make that happen.

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Most Boards have 3 major objectives when it comes to CEO Succession Planning:

  1. Making the right choice about the next CEO - every director knows that the choice of CEO is probably the single most important decision he/she will make as a member of that board.
  2. Avoiding fallout - they don't want succession planning to become a "de-stabilizing event" within the company.
  3. Proper due diligence - ensuring the succession plan has the rigor needed to fulfill the board's obligations to shareholders and provide directors with confidence about their process and their choice.