Spencer Stuart: CEO Succession: Managing A Successful Outcome — Virtually

In the midst of the turmoil, a key question for chairmen, CEOs, nomination committees and CHROs is how to keep pace with — if not accelerate — executive succession practices and ensure timely completion.

As we observe and learn from the evolving situation, here are some recommendations for how to manage increasingly virtual board and C-level succession processes with a successful outcome.

  • A future role specification aligned with the board’s expectations
  • A stringent research strategy
  • Thorough assessment of internal and external talent
  • High-quality, comprehensive material about candidates

Along with these recommendations, Spencer Stuart outlined five steps that will help you manage C-level succession in a digital environment.

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James M. Citrin and Michael Vad
Thought leadership category