CEO Succession




Succession Planning
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luis landa, Chile

CEO Succession

Companies need to have a succession plans in order to retain talents, to grow their business. But especially for the CEO. This is a most important issue; it is a going concern for the company.
The succession of the CEO should already be considered and incorporated at a high level in the policies when the company is created. All the owners and partners should agree on the procedures for such succession plan which addresses when and how to resign the CEO.
 

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1
Nihad Almahrooq
Consultant, Saudi Arabia
 

CEO Succession Planning

Succession planning is necessary for positions of this magnitude and for others as necessary. Especially when a stakeholder has a preamble intention; otherwise it is bad management and will have back fire effect.

 
0
Olaomo Ezekiel Ademola
Student (University), Nigeria
 

Reasons for CEO Succession Planning

CEO Succession planning is so essential for any organisation because of the following reasons:
1. Tradition: the successor must understand the organisation's ethics and traditions to a large extent
2. Policies
3. Mission Statement: 1. and 2. above should be clearly understood; the importance of the organisational mission statement must be well articulated. The successor must understand, appreciate, run with, and promote the mission statement of the organisation.
4. Other reasons depending on the organization.

 
1
Ma Angeles C Fernandez B.
Business Consultant, Mexico
 

CEO Transition Planning

When an organization is transitioning from one CEO to another, such process is always critical for a... Sign up

 
2
Jaap de Jonge
Editor, Netherlands
 

Opt for a Novice or Experienced CEO?

Executive recruiting firm Spencer Stuart performed research among 800+ S&P CEOs appointed over a 20 ... Sign up

 
1
Jaap de Jonge
Editor, Netherlands
 

CEO Succession: Increase of Division Heads

According to the ongoing Spencer Stuart study on CEOs mentioned in my previous comment, in 2020 77% ... Sign up

   

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