Strategic planning for CEO and executive succession

Putting the right talent at the top is critical for boards and CEOs who need to ensure their companies thrive in today’s changing landscape.

This PwC paper on succession planning:

  • describes a set of guiding principles
  • discusses the trends driving the need for change in executive succession management
  • summarizes common pitfalls

Guiding principles that can give companies a competitive edge:

  • build succession management into your organization’s DNA
  • approach CEO and executive succession as a team sport
  • establish an integrated CEO and executive succession process
  • look ahead: envision and develop leadership talent
  • get the real story when assessing succession candidates
  • accelerate development of successors through targeted experiences
  • drive decisions based on robust succession scenarios
  • proactively manage political and emotional dynamics