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Full Description
This book is a comprehensive guide that explores the most pressing issues surrounding CEO succession planning and execution—one of the most critical decisions a company will ever face.
The book delivers a clear framework to help boards, senior executives, and other stakeholders navigate every step of the CEO succession process—from identifying the right timing to evaluating candidates, preparing for unexpected departures, and ensuring smooth transitions. The framework is supported by diverse case studies, diagnostic checklists, and discussion prompts to walk readers through the complexities of CEO transitions. Ultimately, it equips readers with the knowledge on transforming CEO succession from a reactive challenge into a proactive opportunity that secures long-term organizational success.
An essential resource for professionals who are actively involved in governance of publicly listed, private, state-owned or charitable organizations, including board members, executives, advisors and consultants. The book will also be useful for scholars interested in corporate governance, strategy, or organizational transformation.
Contents
Introduction
Chapter 1: Why is CEO succession so important?
Chapter 2: Why do so many organizations fail at CEO succession?
Chapter 3: How to measure a CEO's success?
Chapter 4: What qualities make a great CEO?
Chapter 5: When is the right time to change the CEO?
Chapter 6: What does a good CEO succession planning process look like?
Chapter 7: What is the role of the board in CEO succession?
Chapter 8: What is the role of the CEO?
Chapter 9: How to take into account different organizational contexts?
Chapter 10: Which candidates have the best chances for success?
Chapter 11: How to develop - and use - a good CEO profile?
Chapter 12: How to identify, assess, develop, and prepare potential CEOs?
Chapter 13: How to make - and communicate - a final choice?
Chapter 14: How to set an effective governance framework for the new CEO?
Chapter 15: How to organize the handover?
Chapter 16: What about the outgoing CEO?
Chapter 17: How to retain the runners-up?
Chapter 19: What to do in cases of unplanned succession? Chapter 19: How to manage the replacement of larger-than-life CEOs?
Chapter 20: How can AI improve CEO succession?
Chapter 21: How do we know we got it right?
