Succession planning

From Biocrawler, the free encyclopedia.

In organizational development (OD), a critical task facing every organization is planning for succession in key roles, e.g. the CEO.

The example of General Electric is a good recent one where CEO Jack Welch and the GE Board of Directors engaged in a lengthy and systematic review of the potential successors prior to his retirement.

With the Sarbanes-Oxley Act of 2003, succession planning has risen in importance as a corporate governance issue.

Other interesting slants on succession

• Apostolic succession
• Line of succession

External links

• PeopleFit Succession Planning (http://www.peoplefitsuccession.com) A Proven Process for Identifying Leadership Potential
• Capability Development & Organisational Development Experts (http://www.ott-consulting.co.uk)

Wikipedia (http://en.wikipedia.org/wiki/Main_Page) Succession_planning (http://en.wikipedia.org/wiki/Succession_planning) version history (http://en.wikipedia.org/w/index.php?title=Succession_planning&action=history) GNU Free Documentation Lizenz (http://en.wikipedia.org/wiki/Wikipedia:Text_of_the_GNU_Free_Documentation_License) CC-by-sa (http://creativecommons.org/licenses/by-sa/2.5/)

---