EA Engineering, Science, and Technology, Inc., PBC’s Post

Enhancing the Chances of External Leaders' Success in CEO Succession Read on to discover the complexities of selecting a CEO from within an organization, and why sometimes an external candidate is the better choice. https://on.ft.com/3zJAGbW

You may naturally opt for a leader within the organization. But an internal appointment isn’t always possible, and sometimes promoting insiders to CEO may not be the optimal decision. Egon Zehnder consultants Uhuru M. and Heloise Nel outline the key elements of the CEO succession process, as well as four leadership competencies that go a long way towards increasing an externally appointed CEO’s success:

You may naturally opt for a leader within the organization. But an internal appointment isn’t always possible, and sometimes promoting insiders to CEO may not be the optimal decision. My dear colleagues, Egon Zehnder consultants Uhuru M. and Heloise Nel, outline the key elements of the CEO succession process, as well as four leadership competencies that go a long way towards increasing an externally appointed CEO’s success:

The crucial conversation around succession planning needs to start at the top: Boards and their directors have a fiduciary obligation to build succession planning into the connective tissue of the organization. It can be a sensitive topic, but a servant leader understands that leadership needs evolve. A CEO who isn’t championing, or is even actively resisting the topic can be a red flag, as they are not putting the interests of the organization first… which may make succession planning all the more critical.

You may naturally opt for a leader within the organization. But an internal appointment isn’t always possible, and sometimes promoting insiders to CEO may not be the optimal decision. My colleagues  Uhuru M. and Heloise Nel outline the key elements of the CEO succession process, as well as four leadership competencies that go a long way towards increasing an externally appointed CEO’s success:

Sometimes promoting insiders to CEO may not be the optimal decision for a company. This article from my colleagues in the Johannesburg Office outlines the key elements of CEO succession as well as four leadership competencies that go a long way towards increasing an externally appointed CEO’s success.

🔄🏢 Transformative Tactics for Effective Board Succession Planning 📈✨ Is your organization prepared for future leadership transitions? Discover practical strategies and transformative tactics to ensure a seamless, proactive succession plan that maintains stability and drives success. From grooming internal talent to navigating external recruitment, our latest guide covers it all. #SuccessionPlanning #LeadershipDevelopment #BoardGovernance Read the full guide here: https://lnkd.in/gWZnyaEu

As business professor Lee Bolman once said, "A vision without a strategy remains an illusion." If you're a Business Leader looking to turn your vision into a reality, start by leading a well-made strategic planning process. Check out this step-by-step guide to executing a successful plan: https://bit.ly/3NeDli3 #StrategicLeadership #LeadershipLessons #GrowthMindset

Effective CEO succession planning is crucial for an association’s stability and future leadership. Check out these insights to learn why planning for an eventual departure is more important now than ever. https://lnkd.in/gXiP-6Qy