Succession Planning
In
Organizational development
(OD), a critical task facing every organization is
planning for succession
in key roles, e.g. the
CEO
. The example of
General Electric
is a good recent one where CEO
Jack Welch
and the GE
Board of Directors
engaged in a lengthy and systematic review of the potential successors prior to his retirement. With the
Sarbanes-Oxley Act
of 2003, succession planning has risen in importance as a corporate governance issue.
Other interesting slants on succession
Apostolic succession
Line of Succession
PeopleFit Succession Planning - A Proven Process for Identifying Leadership Potential
http://www.peoplefitsuccession.com
* Capability Development & Organisational Development Experts
http://www.ott-consulting.co.uk
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