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The Importance of CEO Succession
It is completely a big mistake for every organization not to prepare a CEO succession. Each second in our life is full with unexpected things that may happen. As a human being, we can only predict whether something is going to happen or not, we never know for sure. In other words, no one really knows what will happen in the future, we can make predictions. This makes CEO succession planning is the most important thing to be considered about in every organization.
Imagine if something bad suddenly happens to a CEO of a corporate enterprise and there is no such a succession planning, what would happen? Choosing a successor is not easy. If you choose the wrong one, it means you have already put your company in a big risk. For a complete guide on how important a CEO succession, read Dennis C Carey’s CEO Succession book . It is an excellent book that tells you how much important this succession is and how to successfully prepare it.
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