At the beginning of the COVID-19 pandemic, leaders at all levels grappled with never-before-experienced challenges, and decisions generally came down from the top about how organizations would respond. Employees looked to leadership to clarify ambiguity and provide direction. Now, as …
The COVID-19 pandemic has surpassed unprecedented business challenges to, in many cases, drive a stark shift in priorities. With the risk that anyone could fall ill, organizations are racing to establish emergency succession plans in the wake of the virus. …
Transitioning leadership from one generation to the next is a pivotal evolution in any business, but it’s particularly so in family businesses where the likelihood of failure is quite high, and the interpersonal dynamics are more complicated and nuanced. To …
At the beginning of the new year, J. Patrick Doyle, the current CEO of Domino’s Pizza, announced he would step down from his position. Corporate America is used to chief executives coming and going, but this time is a little …
In previous posts, we’re shared our Model of Strategic Leadership which has at its core the leader’s responsibility for Talent Management. The Model suggests that having very strong teams–comprised of top talent–is a key enabler for the leader to operate …
The notion that leaders predictably decay like loaves of bread on a store shelf seems harsh, to say the least, but that’s exactly the suggestion made by one executive we work with. It is his view that there is …
Eighty million Baby Boomers are preparing to retire over the next decade. As a consequence, corporations will need to radically adjust their workforce planning and succession management strategies. Yet, in a recent Heidrick & Struggles survey of 140 CEOs and …
This is the second part in our two-parter on succession planning. If you missed the first part last week, see below. With all the possible de-railers when it comes to a successful succession plan, how can leaders most effectively navigate …
This is the first part in a two-part series. Check back next week for how to overcome the unique obstacles to developing a succession plan. It’s easy to argue for the necessity of a succession plan. On the very surface, …
