Having a good succession plan is only the beginning when it comes to evaluating top talent.
More than ever, succession is at the top of the priority list for many organisations. No matter how successful they are, most CEOs and directors know they must address this issue to prepare for any unexpected change at the top.
Well-prepared organisations tend to have solid succession plans and a list of talents and potential successors in place. Many listed firms have a nominating committee for this purpose.
But good intentions and a solid succession plan do not necessarily mean that…
