In this report
What every Board should have in place.
Transition should be addressed on an annual basis as part of the Board/Committee agenda, and there’s tremendous value just by having had some regular conversation and thinking on the topic.
What Boards should do when transition becomes a possibility.
A lot will be asked of the Board and the interim CEO once a transition is closer to reality, often under tight timeframes requiring lots of coordination.
What Boards should do when transition is inevitable.
A solid foundation allows the Board to make decisive and sound actions once the decision has been made to transition a CEO.