An organization’s ability to place the right leader at the top has never been more important to its performance and sustainability. As expert advisers on candidate assessment and the CEO selection process with in-depth knowledge of best (and worst) practices on succession, Spencer Stuart is uniquely qualified to assist boards with the important and complex task of CEO succession planning, helping organizations design a process that is effective, fair and credible.
- Our consultants have years of senior-level search experience, a thorough understanding of governance and board best practices and valuable insight about the top executive talent across industries.
- We have conducted nearly 700 CEO search and succession assignments worldwide in the past three years, facilitating a rigorous, board-centered process to help clients evaluate and develop potential options for long-term and short-term succession needs.
- We offer a proprietary approach to executive assessment that not only evaluates internal candidates' performance and relevant experience in current and past roles, but also the skills that speak to their ability to succeed in more complex and demanding contexts, including their analytical capabilities, social intelligence and self-awareness.
Boards have made great strides in CEO succession planning, adopting more sophisticated and nuanced processes and devoting more attention to their companies’ talent management programs. But in an environment marked by rapid and constant change, in which risks are greater, stakes are higher and there is less room for failure, boards must strive to continually improve their succession planning approach.