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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.
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:
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:
For a confidential consultation, please contact Dave Heine, Executive Vice President at +1.612.337.8259 today.