Sunday, February 17, 2013

It’s time for Boards to take time for themselves and practice what they preach


Spurred by dramatic changes in the global economy, shifts in strategy, declining CEO tenure, and the demands of shareholders, boards have finally gotten the message about CEO succession. Boards are now far better prepared for a range of events that may necessitate a new CEO – from planned retirement, to illness, to public scandal – and shareholders are more secure as a result.

But when it comes to planning for their own succession, boards continue to go without, neglecting to apply to the board all that they have learned regarding CEO succession.

See full Article: http://www.egonzehnder.com/leadership-insights/board-consulting/its-time-for-boards-to-practice-what-they-preach.html