Korn Ferry

The $40 Trillion Succession Risk

Changing CEOs carries indisputable risk to shareholder value. Corporate boards should reframe their thinking about succession planning into risk-management terms. Mitigating this talent risk requires adhering to key tenets, including creating success profiles for top executives based on future strategy; using scientific assessments to measure candidates against the profile; developing bench strength; and keeping succession and talent on the board agenda.

Contributors

  • Alan Guarino

    Vice Chairman, CEO and Board Services

    Bio >

 

Content