Chapter 13Designing a Succession Planning Program
THE BOARD OF DIRECTORS WANTS TO SEE A SUCCESSION PLAN FOR YOUR EXECUTIVE TEAM immediately. A potential client wants to know if the company has a succession plan in place for the leadership team before they agree to a contract with your company. The CFO announces her pending retirement and the VP of recruiting is asking you for a slate of internal successor candidates for this position. The company is planning growth into a new geographic area and the VP of operations is asking for a list of managers who are open to relocation to the new area. The mergers and acquisitions team is asking you for the profiles of the senior leadership ...
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