Succession Planning

CEO Succession Planning

Succession planning is anything but a dirty term

While there’s debate over whether it was Benjamin Franklin or Winston Churchill who coined the phrase ‘when you fail to plan, you are planning to fail’, there’s no doubting its soundness – particularly when it comes to CEO succession planning.

Yet mention the words ‘succession planning’ in governance conversations and you’ll be amazed at how many boards – and remember, boards are responsible for finding replacement CEOs – still consider it a ‘dirty’ term, dripping with undertones of dishonesty, sneakiness and behind-the-scenes manoeuvrings.
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