CEO Succession
Today’s Boards face more accountability and scrutiny than ever, making them increasingly mindful of the need to plan for and effectively manage CEO succession. Not only do they face the challenge of selecting the right CEO, getting it wrong could be disastrous.
Likewise, it is imperative that they build alignment on CEO performance expectations and transparency in managing the CEO against them. As the business environment becomes more challenging and dynamic, it is critical that each director contribute effectively and that the Board work in concert to ensure the future success of the enterprise.
CEO Succession Consulting
Whether a CEO transition will take place in the short term or whether it is five years away, having a robust succession plan in place is essential.
PDI Ninth House can partner with your Board to:
- Develop a succession plan appropriate for the succession timeline.
- Build a CEO success profile focused on the challenges the next CEO will face.
- Determine the potential and readiness of internal candidates.
- Examine the tradeoffs among candidates and identify the most appropriate successor.
C-Suite Talent Management Consulting
Individual leaders’ success depends largely on having a strong team around them. So it’s essential to make great decisions about whom to hire or promote into key jobs, as well as on how to build their capabilities quickly as situations change.
PDI Ninth House can help you:
- Build a success profile for top executive jobs, based on the future challenges facing the job.
- Determine the potential and readiness of internal candidates for top executive jobs.
- Determine the readiness of existing senior talent to handle new strategies and major changes.
- Develop a process to identify and prepare the next generation of top leaders.
For a confidential consultation, please contact Dave Heine, Executive Vice President at +1.612.337.8259 today.
