Succession planningSuccession planning
Companies are starting to take seriously the need to groom top talent
“?WHEN clients talk to us about chief-executive succession, it’s usually too late,? says Tony Couchman, a headhunter with Egon Zehnder International. Certainly that was the case at Boeing, where the departure of Phil Condit last week made clear that the company had no succession plan beyond retrieving Harry Stonecipher, a previous president, to run the show.”
– No one is indespensible as the saying goes. The big boys seem to have problems with succession plans too. -ed.