Our experience in working with clients on CEO succession suggests the crucial importance of each of the following steps:
1 Start very early
2 Engage all stakeholders in sequence
3 Define the selection criteria clearly
4 Explicitly decide on the mix of
internal / external investigation
5 Assess the candidates thoroughly
6 Define the roadmap and development plans
7 Plan support for the eventual transition.
While these steps might appear simple, their effective execution requires careful consideration.
See full Report, in pdf format.
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