With CEO turnover of nearly 60 percent, energized boards of directors have been taking a more aggressive role in succession planning (Chief Executive and Hay Group). Galvanized by an increasing emphasis on governance, a guided collaborative effort can result in a seamless and successful transition. But what keeps the process from becoming a tearful tug of war that sows discord and disruptive politicking throughout the organization? According to a survey by the Center for Board Leadership, 50 percent of public, private and nonprofit corporate boards reported having a succession plan in place, and nearly half of the respondents considered themselves "less than effective" in the area of CEO succession. This webcast will cover how to continually monitor current and future business needs, carefully nurture a leadership pipeline, and ensure that each potential candidate is given regular and meaningful board exposure. Your next generation of retail executives are out there...do you know who they are?
Don't miss these webcast take aways:
How to be prepared for both planned and emergency leadership transitions
Examples of internal and external retail CEO's who have been part of a successful process
How to ensure succession planning for seats on your board
A process to identify your next generation of retail executives