Chapter 10. Succession Planning
Leadership pipelines often clog when top executives leave organizations and their replacements are not prepared to work at a high leadership level. Though they may possess the requisite experience and sterling track records, they lack the skills, time applications, and work values for their new level.
Every day the U.S. business press contains stories about how various CEOs are leaving their organizations. It's likely that most of these companies lacked a properly developed back-up capable of achieving full performance standards at the enterprise leadership level. This is especially true if the CEO's departure was abrupt. Typically, companies bring in an outsider who doesn't know the company well, or they turn to ...
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