The Succession Planning Paradox
Our recent briefing, The CEO Search Challenge, garnered many comments from our readers. The overall perception is that many leaders are noting that more chief executive officers (CEOs) are leaving—by their own choice or by the choice of their boards of directors—but the pool of replacement candidates is shallow.
This perception of our readers is reinforced by some recent survey data. Almost 70% of directors said that the sudden departure of their CEO was their top concern in a recent survey—What Directors Think: A Changing Risk Landscape. (A major cyber incident was second at 61%.)
Data from . . .