From the Archives:
Written by: Donna Gaines for an original piece with PSMJ Resources, Inc.
Understanding succession planning: why, how, and when.
Over the past decade, growing outside forces and perceived market value have combined with other factors to influence firms regarding their officers and directors. Regulatory agencies have become increasingly more critical in the wake of failed companies and their leadership. That, along with indications that well-governed companies are simply worth more in the marketplace, has led boards of directors to reassess their effectiveness and their planning for
top management succession.
According to a recent study conducted by Korn/Ferry International, more corporations are developingRead more