Executive Leadership
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More and Better Options: How Boards Can Strengthen Long-term CEO Succession Pipelines [Russell Reynolds Associates]
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1 min read
CEO succession is a board’s most important responsibility. This is especially true today, as companies face a range of intense pressures, the reality of decreasing leadership preparedness across a wide range of rapidly-evolving business challenges, record CEO turnover, and nuanced governance trends – such as an anticipated increase of shareholder activism (particularly in the United…
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For a long time, whenever companies wanted to hire a CEO or another key executive, they knew what to look for: somebody with technical expertise, superior administrative skills, and a track record of successfully managing financial resources. When courting outside candidates to fill those roles, they often favored executives from companies such as GE, IBM,…