While most key stakeholders understand the importance, it is surprising how often CEO and senior leadership succession processes are left to the last minute and fail to deliver on the expectations. Our approach links succession processes with the organization’s future success. Based on the organization’s strategy, we, in cooperation with the board, develop a framework for what leadership qualities and factual experiences are needed to execute the plan. Subsequently, we deploy the framework so that the board and the candidates experience a transparent, high-quality process and become fully engaged in our structured and meticulous method of identifying potential successors.
We believe it is crucial that the CEO succession process leaves the organization and the leaders involved, engaged, and inspired. Each leader should be left feeling the assessment experience was objective, personal yet professional, of high quality, and integrity. When the new CEO is appointed, one of our success criteria is that other assessed leaders see the conclusion as a natural outcome based on a fair and solid process.
