Put on notice: Succession planning becomes a priority for boards

At any company, one of the most important jobs for the board is ensuring an uninterrupted flow of management at the top level. While boards acknowledge CEO succession planning as one of their fundamental responsibilities, many directors admit that this is a responsibility at which their boards are least effective. This article by Spencer Stuart consultant Dayton Ogden, published in Boardroom Briefing in the spring of 2005, highlights a number of succession planning best practices.

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