Chapter 4

RHR's Essential Point of View

“Policies are many, principles are few. Policies will change, principles never do.”

—John C. Maxwell1

RHR's years of business practice, combined with the keen insights of our clients, our ongoing program of research, and our deep understanding of human and organizational behavior, have taught us invaluable lessons—principles that have guided our perspective and helped us establish the best practices in CEO succession planning.

Many boards of directors define success as appointing a successor who meets their qualifications and wins the approval of shareholders and analysts. Though selecting the right CEO is the goal and certainly the best gauge of a successful succession process, there are other measures ...

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