The Story The CEO of WJH Company announced his retirement to his board one year in advance. The board decided to start the search immediately and chose an executive search firm to help them through the process. In the meantime, the CEO informed his executives and...
Choosing the CEO of an organization is incredibly important. I want to tell a short story of someone who thought that they wanted to be CEO. Watch the video above or keep reading below to hear some problems that I found within the story and what you can do to prevent...
Are you in the process of looking for a new CEO? Or maybe you are considering your decisions for the future when it comes to hiring a new CEO. Well, one of the biggest questions is do you promote your new CEO from within, or do you hire externally? Watch the video...
The most important element of a succession plan is the development plan. A development plan is a way to identify opportunities for your potential successors to grow. They can also develop the skills needed for their critical competencies. Unfortunately, the...
Today I thought I would test your knowledge of CEO Succession Planning with a quick three question pop quiz! You can either take the pop quiz below or watch the video where I go over all of the answers in depth! Here are the questions! Question 1: Approximately...
CEO vacancies can be planned or unplanned. CEO’s don’t just leave your organization when they get to retirement age. In fact, there are many reasons that a CEO may leave before they are expected to. That’s why it is incredibly important to be doing succession planning...