Page 9 - Succession Planning
P. 9

The Board’s                                                   The relationship between the current Executive

                                                                                    Director and the Board of Directors is critical to the
                                                                                    succession planning process.
                                                Role                            According to the CEO Snapshot Survey (sample


                                                                                    size:83), from the CEO perspective, even good
                                                                                    relationships with the board begin to breakdown
                                                                                    during the succession planning process.


                                                                                Many CEOs reported miscommunication with the
                                                                                    board about selection decisions and responsibilities

                                                                                    was the most difficult part of the succession process.

                                                                                The majority of CEOs feel left out of the loop—76
                                                                                    percent of CEOs believe they should have been more

                                                                                    involved in planning their own succession.

                                                                                     (The Real World of CEO and Board Relations, 2012)
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