Effective Succession Planning

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Publisher : AMACOM
ISBN 13 : 0814414176
Total Pages : 491 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Effective Succession Planning by : William Rothwell

Download or read book Effective Succession Planning written by William Rothwell and published by AMACOM. This book was released on 2010-04-21 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: William Rothwell honored with the ASTD Distinguished Contribution Award in Workplace Learning and Performance. The definitive guide to a timely and timeless topic-- now fully revised and updated. As baby boomers continue to retire en masse from executive suites, managerial offices, and specialized or technical jobs, the question is—who will take their places? This loss of valuable institutional memory has made it apparent that no organization can afford to be without a strong succession program. Now in its fourth edition, Effective Succession Planning provides the tools organizations need to establish, revitalize, or revise their own succession planning and management (SP&M) programs. The book has been fully updated to address challenges brought on by sea changes such as globalization, recession, technology, and the aftereffects of the terror attacks. It features new sections on identifying and assessing competencies and future needs; management vs. technical succession planning; and ethics and conduct; and new chapters on integrating recruitment and retention strategies with succession planning programs. This edition incorporates the results of two extensive new surveys, and includes a Quick Start guide to help begin immediate implementation as well as a CD-ROM packed with assessments, checklists, customizable guides, and other practical tools.

Effective Succession Planning

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Publisher : HarperChristian + ORM
ISBN 13 : 0814449166
Total Pages : 536 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Effective Succession Planning by : William J. Rothwell

Download or read book Effective Succession Planning written by William J. Rothwell and published by HarperChristian + ORM. This book was released on 2015-11-04 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizations that don’t take steps to address future talent needs at all levels will face some major obstacles when undervalued key employees get burned out and leave you to fend for yourself. Nobody likes to lose good employees. But sometimes the loss of a key employee can be disruptive to the business at best, and completely disastrous at worst. The most comprehensive book on the subject, the fifth edition of the bestselling Effective Succession Planning covers every base of how to address future talent needs before a crisis hits, including how to: Identify competencies and clarify organizational values Plan for and quickly fill crucial vacancies at all levels Develop and retain top talent Assess current needs and future resources for seamless succession planning Updated with current best practices, trends, and technology, the latest edition also includes: succession planning for small businesses and nonprofits; replacement planning; transition management; downsizing; international issues; mergers and acquisitions as a talent strategy; and succession planning for technical positions as well as roles built on longstanding social relationships. Don’t risk the loss of your most valued employees and their accumulated wisdom and experience that has been key to your company’s success for many years. Effective Succession Planning is your go-to indispensable guide for avoiding the catastrophe that losing them would bring.

Succession Planning That Works

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Publisher : FriesenPress
ISBN 13 : 146028481X
Total Pages : 232 pages
Book Rating : 4.4/5 (62 download)

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Book Synopsis Succession Planning That Works by : Michael Timms

Download or read book Succession Planning That Works written by Michael Timms and published by FriesenPress. This book was released on 2016-04-07 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many attempts to establish a succession plan fail. Why? They run up against insurmountable implementation challenges, or weak executive commitment and follow-through. Succession Planning That Works: The Critical Path of Leadership Development is a step-by-step guide to help HR professionals and senior leaders develop a succession plan that delivers a measurable return on investment. Based on in-depth interviews with senior executives from nearly 50 organizations, Succession Planning That Works reveals not only the most important components of effective succession planning, but also the most effective order in which to put them into practice. Packed with real-world examples, Succession Planning That Works shows how real companies have attempted to tackle succession planning issues and examines both their victories and their failures to highlight the most common pitfalls and how to avoid them. Topics include: - 13 reasons to begin succession planning now - How to calculate the ROI of promoting from within - The Succession Planning Critical Path - the most efficient and effective way to implement a succession plan - How to gain or strengthen executive buy-in for succession planning - How to measure your success Also included are 20 downloadable templates and tools to help make succession planning easier to comprehend and implement....

Growing Your Company's Leaders

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Publisher : AMACOM/American Management Association
ISBN 13 : 9780814427750
Total Pages : 280 pages
Book Rating : 4.4/5 (277 download)

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Book Synopsis Growing Your Company's Leaders by : Robert M. Fulmer

Download or read book Growing Your Company's Leaders written by Robert M. Fulmer and published by AMACOM/American Management Association. This book was released on 2004 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: By making succession management a part of business strategy, companies will always be able to fill key leadership positions.

Succession Planning

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Publisher : Springer
ISBN 13 : 3319725327
Total Pages : 242 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Succession Planning by : Pamela A. Gordon

Download or read book Succession Planning written by Pamela A. Gordon and published by Springer. This book was released on 2018-03-07 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines current research related to succession planning strategies and tactics. The authors compare and contrast the rationale and processes needed for effective and efficient succession planning. This is a comprehensive endeavor exploring succession planning across today’s key disciplines: business, education, and healthcare. Succession planning is examined from the commercial, government, and non-profit lens. The book features active research, broad literature reviews, and examines conceptual frameworks. From this valuable contribution to succession planning research, readers will receive a thorough assessment of the theoretical foundations of succession planning and ethical considerations for sustainable leadership.

Business Succession Planning For Dummies

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Publisher : John Wiley & Sons
ISBN 13 : 1118095146
Total Pages : 279 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Business Succession Planning For Dummies by : Arnold Dahlke

Download or read book Business Succession Planning For Dummies written by Arnold Dahlke and published by John Wiley & Sons. This book was released on 2012-04-10 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fast and easy way to get a handle on business succession planning While the demand for effective managers continues to grow, the retirement of baby boomers is producing a sharp decline in the ranks of available management personnel. In addition, the executives of the future are expected to be more sophisticated in order to develop and lead new global and technological initiatives. For these reasons, strategic and often long-sighted succession planning for the eventual replacement of managers at all levels has reached a critical level. Business Succession Planning For Dummies aids managers, human resource professionals, and upper management in cultivating and retaining their existing employees to ensure the availability and capability of persons to assume leadership roles in the future. In plain English, it prepares business owners to ask the difficult questions when it comes to developing a working succession plan for their businesses key positions. This book also offers information on how to retain and train personnel within an organization so that a more seamless transition can be made when a senior leader or other important personnel retires or leaves the organization. How to retain and train personnel for a more seamless transition Easy-to-follow guidance on developing a working succession plan Tips to create a plan to save time, money, knowledge, and clients by hiring from within If you're a manager or human resources professional looking to develop a working succession plan, this hands-on, friendly guide has you covered.

Linkage Inc.'s Best Practices in Succession Planning

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 0787985791
Total Pages : 288 pages
Book Rating : 4.7/5 (879 download)

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Book Synopsis Linkage Inc.'s Best Practices in Succession Planning by : Linkage Inc.

Download or read book Linkage Inc.'s Best Practices in Succession Planning written by Linkage Inc. and published by John Wiley & Sons. This book was released on 2007-07-16 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Plan For Your Organization's Success Linkage's Best Practices for Succession Planning provides the ultimate guide for planning, developing, implementing, and sustaining succession planning in any organization. This must-have book provides step-by-step instructions, practical advice, templates, and tools from some of the world's best companies and Linkage, a global organization development company that specializes in leadership development. Linkage Inc.'s Best Practices for Succession Planning is the comprehensive resource that includes information needed to * Ensure that succession management is owned by business leaders rather than just HR * Assess potential for future roles, not just track record of performance * Manage succession data on individuals and talent pools * Balance talent development and acquisition in achieving future objectives * Develop the processes, tools, and organizational capabilities necessary to effectively implement and sustain the system * Integrate succession planning systems with other businesses and HR systems in the organization to achieve efficiency, consistency, and impact

Succession Planning Basics, 2nd Edition

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Publisher : Association for Talent Development
ISBN 13 : 1950496589
Total Pages : 219 pages
Book Rating : 4.9/5 (54 download)

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Book Synopsis Succession Planning Basics, 2nd Edition by : Christee Atwood

Download or read book Succession Planning Basics, 2nd Edition written by Christee Atwood and published by Association for Talent Development. This book was released on 2020-03-10 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Design your succession planning strategy. Succession Planning Basics will equip you with the background and implementation tools you need to devise and execute a forward-thinking succession planning program for your organization. It offers theory, processes, and best practices for organizations embarking on a succession-planning project, addressing the basic concepts and steps for success. This book is for management professionals considering succession planning for their organizations, organizational development professionals at the beginning of their careers, human resources professionals wanting to move away from replacement hiring, and trainers needing a basic understanding of succession planning for employee development plans. This second edition looks closer at tools and new developments in software that can streamline planning efforts as well as updated best practices and considerations for addressing the needs of every generation when creating succession plans. Chapters include assessment tools, exercises, and job aids. Succession Planning Basics is part of ATD’s Training Basics series.

The Succession Solution

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Author :
Publisher : Independently Published
ISBN 13 : 9781095233382
Total Pages : 212 pages
Book Rating : 4.2/5 (333 download)

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Book Synopsis The Succession Solution by : Bradley Franc

Download or read book The Succession Solution written by Bradley Franc and published by Independently Published. This book was released on 2019-04-22 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you are a business owner, or you are working with one, then this book is for you. The Succession Solution provides both an explanation of the importance of succession planning, as well as a practical, straight-forward, and proven system that can be used to continue your business to the next generation, whether your successor is a family member(s), an employee, or a third party.This book will show you how to achieve a successful transition of your business to the next generation of leaders. In fact, if you read and follow the steps outlined in this book, you will dramatically improve the survival and prosperity of your company's future.

Success and Succession

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Publisher : John Wiley & Sons
ISBN 13 : 1119071488
Total Pages : 240 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis Success and Succession by : Eric Hehman

Download or read book Success and Succession written by Eric Hehman and published by John Wiley & Sons. This book was released on 2015-08-26 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insightful look at leadership transition from the successor's perspective Success and Succession examines the leadership transition process from the successor's point of view, and outlines the considerations and strategies that lead to a better future for the business. With a focus on practical planning and execution, this insightful guide provides insight into the strategies that smooth the transition and help the new leadership make better business decisions. You'll learn when and how to start planning, who you need on your team, and the obstacles you should anticipate along the way. You'll learn to navigate the uncertainty the process entails, and how to identify opportunities for reciprocal understanding and adopt workable approaches for successful resolution of a multitude of transition issues. Interviews with those at various stages of transition highlight the real-world application of these ideas, and give you an inside look at what worked, what didn't, and what they wish they had thought of. The transition of leadership in an independent, non-public professional service business can be emotional and difficult for everyone. This book gives you a framework for smoothing the process and driving the best possible future of the business. Consider the complexities of succession and transition Balance conflicting dynamics of outgoing and incoming leadership Plan for operational, financial, and emotional obstacles Develop and execute a winning strategy for long term success The transition from founder to successor is far from an academic exercise, and is not linear. Answers are hard to find, and the ebb and flow of the process requires patience, creativity, and willingness to try again. Success and Succession provides a unique strategy for success, from the perspective of incoming leadership.

Succession Planning Demystified

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Publisher :
ISBN 13 : 9781851843022
Total Pages : 66 pages
Book Rating : 4.8/5 (43 download)

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Book Synopsis Succession Planning Demystified by : Wendy Hirsh

Download or read book Succession Planning Demystified written by Wendy Hirsh and published by . This book was released on 2000 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, which is designed for human resource (HR) practitioners, details the principles and applications of succession planning, shows how succession planning is conducted, and explains its place in relation to other HR processes and business priorities. The introduction describes the book's intended audience and provides a brief overview of the book's contents. Section 2 includes the following items: (1) definition of succession planning (the process by which one or more successors are identified for key posts and career moves and/or development activities are planned for the identified successors); (2) list of things organizations want from succession planning (improved job filling, active development of longer-term successors, auditing of the organization's talent pool, and fostering a corporate culture); and (3) key linkages between succession planning and other business strategies. The following are among the topics discussed in sections 3-7: (1) the mechanics of succession planning; (2) succession and HR strategy; (3) integration of succession with assessment, job filling, organizational development, and individual employees' development; (4) supporting and embedding succession; and (5) determining whether succession planning is meeting the challenge. Section 8 presents 13 practical tips for implementing succession planning. Case examples from published studies are appended. The bibliography lists 35 references. (MN)

Career Planning and Succession Management

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Publisher : Bloomsbury Publishing USA
ISBN 13 : 144083167X
Total Pages : 333 pages
Book Rating : 4.4/5 (48 download)

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Book Synopsis Career Planning and Succession Management by : William J. Rothwell

Download or read book Career Planning and Succession Management written by William J. Rothwell and published by Bloomsbury Publishing USA. This book was released on 2015-06-30 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely guide explains how businesses can effectively integrate and coordinate career and succession planning programs to meet the personnel demands of the future. Drawing on their experience and expertise with workforce development, the authors of this book based its content on a single but important premise. With global economic instability, a slowdown in workforce growth, extraordinary competition for the best talent, and the rapid advance of technology, there is an immediate need to integrate career and succession planning programs. Explaining how to do just that, this practical, user-friendly guide is the first to link those critical business tools, showing readers how to prepare for tomorrow—and the many years after. The book presents a systematic approach through which businesses can integrate and coordinate career planning and succession planning programs. Part One makes the business case for moving beyond segregated career and succession planning and shows why they must be integrated. Part Two offers foundations for integration, while Part Three outlines the strategies that can make integration a reality. Part Four addresses the future of career development and succession planning. Other topics include the future of organizational infrastructure and the implications of a diverse workforce. Employee engagement and leadership development are also explored.

The Lawyer's Guide to Family Business Succession Planning

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Publisher : American Bar Association
ISBN 13 : 9781641056915
Total Pages : 188 pages
Book Rating : 4.0/5 (569 download)

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Book Synopsis The Lawyer's Guide to Family Business Succession Planning by : Gregory Monday

Download or read book The Lawyer's Guide to Family Business Succession Planning written by Gregory Monday and published by American Bar Association. This book was released on 2022-05-02 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides lawyers with step-by-step guidance on how to lead family business owners through the succession planning process to produce a result that is tailored to the unique circumstances and objectives of the owners and their successors."--Back cover.

The Talent Wave

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Publisher : Kogan Page Publishers
ISBN 13 : 0749460784
Total Pages : 256 pages
Book Rating : 4.7/5 (494 download)

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Book Synopsis The Talent Wave by : David Clutterbuck

Download or read book The Talent Wave written by David Clutterbuck and published by Kogan Page Publishers. This book was released on 2012-08-03 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: If succession planning works, how do the wrong people so often get to the top? Succession planning was once the key to identifying potential leaders to fill important positions. However, in today's rapidly evolving business world traditional succession planning is no longer a viable strategy with research showing that 70% of succession plans fail within two years, simply from lack of management support. In a climate of growing skills shortages and lack of confidence in leadership potential, David Clutterbuck offers a new a process of dialogue between an organization and its employees. The Talent Wave presents a dynamic, flexible approach to succession planning and talent management. Clutterbuck first demolishes most of accepted practice in these areas, and then presents practical solutions which align employee ambitions and business priorities to ensure that organizations have the right leadership in place for ongoing success.

Succession Planning and Management

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Publisher : Center for Creative Leadership
ISBN 13 : 1882197895
Total Pages : 62 pages
Book Rating : 4.8/5 (821 download)

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Book Synopsis Succession Planning and Management by : David Berke

Download or read book Succession Planning and Management written by David Berke and published by Center for Creative Leadership. This book was released on 2005 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of succession-related practices is to ensure that there are ready replacements for key positions in an organization so that turnover will not negatively affect the organization's performance. CCL first published an annotated bibliography on succession planning in 1995. That bibliography focused primarily on the link between succession and management development. This bibliography has a broader scope; it is an update and expansion, commensurate with the maturation of this area of practice. In addition to linkages between succession and development, we also consider representative literature on CEO succession, high potentials, and succession systems and architecture. It is hoped that those who use this bibliography will find resources that help them in conceptualizing, planning, and implementing effective succession systems in their organizations.

Succession Planning for Financial Advisors

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Publisher : John Wiley & Sons
ISBN 13 : 1118866428
Total Pages : 224 pages
Book Rating : 4.1/5 (188 download)

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Book Synopsis Succession Planning for Financial Advisors by : David Grau, Sr.

Download or read book Succession Planning for Financial Advisors written by David Grau, Sr. and published by John Wiley & Sons. This book was released on 2014-06-02 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is going to challenge you and everything you think you know about succession planning. For independent advisors, succession planning is quickly becoming the cornerstone to a strategic growth strategy designed to perpetuate their business and their income streams beyond their own lifetime, while providing a multi-generational service platform that attracts and rewards younger advisors. This makes succession planning one of the most, if not the most, important practice management tools in this industry today. As an independent financial advisor, now is the time to address the question of what will happen to your practice and your clients after you “exit the building.” In most cases, the answers are right in front of you. Thankfully, Succession Planning for Financial Advisors: Building an Enduring Business has arrived to transform today’s practices into businesses designed to endure and prosper and serve generations of clients. Learn how to create a “Lifestyle Succession Plan” that can provide a lifetime of income and benefits to the founder even as he/she gradually retires on the job Unlock the power of equity management – the best planning and building tool an independent advisor owns Learn how to attract and retain the best of the next generation to help you build a great business and to support your succession plans and care for your clients and their families Determine precisely when to start a formal succession plan and related continuity plan so that your business can work for you when you need it most Understand why succession planning and selling your business are completely different strategies, but how they can complement each other when used correctly 95% of independent financial service professionals are one owner practices. To the positive, these practices are among the most valuable professional service models in America. But almost all advisors are assembling their practices using the wrong tools – tools borrowed from historically successful, but vastly different models including wirehouses, broker-dealers, and even OSJ’s and branch managers. Revenue sharing, commission splitting and other eat-what-you-kill compensation methods dominate the independent sector and virtually ensure that today’s independent practices, if left unchanged, will not survive the end of their founder’s career. It is time to change course and this book provides the map and the details to help you do just that. For independent practice owners and staff members, advisors who want to transition to independence, as well as accountants, attorneys, coaches and others involved in the financial services space, there are invaluable lessons to be learned from Succession Planning for Financial Advisors. Written by the leading succession planning expert in the financial services industry, former securities regulator, M&A specialist, and founder of the nationally recognized consulting and equity management firm, FP Transitions, David Grau Sr., JD, has created an unmatched resource that will have an enduring and resounding impact on an entire industry.

Inside CEO Succession

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Publisher : John Wiley & Sons
ISBN 13 : 1118218035
Total Pages : 256 pages
Book Rating : 4.1/5 (182 download)

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Book Synopsis Inside CEO Succession by : Thomas J. Saporito

Download or read book Inside CEO Succession written by Thomas J. Saporito and published by John Wiley & Sons. This book was released on 2012-08-13 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide to planning for CEO succession, from the experts at RHR As the demands from stakeholders for consummate leadership and good governance from a company's board of directors, its CEO, and its executive team increase, how the process of CEO succession is carried out has become more critical than ever before. Yet, over the past several years, a growing number of CEOs have failed early in their terms, often with devastating consequences to their companies and stockholders. By far the most common problem is a lack of ownership of the CEO succession process. Inside CEO Succession provides businesses, leaders, and boards with the strategies they need to execute their responsibilities with a heightened level of professionalism and ensure the sustained success of the companies they serve. Written by Dr. Thomas J. Saporito, CEO of RHR International, and Dr. Paul Winum, Senior Partner of RHR International, the lessons of Inside CEO Succession are rooted in RHR's long-standing history of bringing expert knowledge, experience, advice, and counsel to the issues related to CEO succession. The culmination of RHR's 65 years of experience providing expert counsel to the boards of directors of hundreds of companies, it explains how ego, role-relationships, power, and human dynamics associated with relinquishing leadership, preparing successors, and ceding power and authority to other people create undetected problems in the succession process and ultimately cause many CEOs to fail early in their tenures. Distills RHR's 65 years of experience helping businesses deal with CEO succession into one practical resource Presents strategies to enable boards to understand their role in succession planning and how to source leadership that best fits their organization's culture and requirements Brings together business acumen and psychological insight to help readers better prepare for more effective CEO succession To be successful, CEO succession requires a well-defined course of action that ensures that a number of highly capable candidates are ready to assume the chief executive position whether through an unexpected event or a planned transition. Inside CEO Succession is designed to help boards comprehensively manage that process and effectively sustain their company's profitability.