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What to Include in the Board Succession Planning Process
The push for board diversity, controversies over retirement age, board tenure, and the emergent exit of executives regarding scandal are all necessary reasons board succession planning is in the spotlight. Transitional periods for executives and board directors are often rocky at best. Boards need to have a stringent plan in place when the expected and unexpected exits take place.
This guide outlines what your board should include in a solid and successful succession plan.
Learn More About:
- Analyzing and Assessing Existing Directors, the Organizations’ Values, and What Skills the Next Director Should Possess
- How to Procure, Develop, and Assess Candidates
- The Transition Process and How to Properly Support the Selected Candidate
- Refreshing the Board with Diverse Talent