As business volatility increases and CEO tenures get shorter, industry leaders are increasingly focusing on the development of efficient and effective leadership succession plans. These succession plans are critical for business stability and development during leadership transitions. At present however, the planning processes and approaches that underpin succession plans vary enormously in their quality.
An appropriately designed plan will enable businesses to operate throughout leadership succession, without significant interruption to performance. They should aim to identify and develop successors who will also take organizations to the next level in their progression. A succession plan will therefore promote continuity and growth.
Sinclair Fox’s Executive & CEO Succession Planning Experts are specialists in designing and implementing effective corporate succession plans. We partner with company boards and C-level suite executives to ensure that we produce policies that are appropriate for the client’s organisation.