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The Essential Role of Boards in Executive Succession
Trustee, 05/06/08
Many boards are feeling a sense of urgency to address the future of their organization's leadership. However, it is clearly not the board’s responsibility to design and execute succession systems. So how should the board step in? Boards have two essential roles in succession to oversee the selection of a new CEO and to ensure that a solid process is in place to produce a pipeline of future senior leaders.
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