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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.
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.
Feel Confident About Your
CEO Succession Plan
CEO Succession Plan
•Followed up development of a
comprehensive CEO succession plan
for a Fortune 500 board with the
design of a rigorous due diligence
process to assess internal candidates
for a key position that formed part of
their long-term CEO succession plan.
This exercise gave board members far
greater insights about their internal
candidates - and ultimately greater
confidence in their decision.
• Created an emergency CEO succession plan for the board of a private company with a new CEO.
• Developed a long-term CEO succession plan for a midcap financial services company that engaged all board members and senior executives in establishing both criteria and a process tailored to the company.
• Created an emergency CEO succession plan for the board of a private company with a new CEO.
• Developed a long-term CEO succession plan for a midcap financial services company that engaged all board members and senior executives in establishing both criteria and a process tailored to the company.
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.
For a copy of our new White Paper, Secrets of CEO Succession CLICK HERE.
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.
For a copy of our new White Paper, Secrets of CEO Succession CLICK HERE.