Recent incidents involving sexual harassment emphasizes the ticking time bomb for many organizations across industries: a complete absence or severely underdeveloped succession management capabilities.
The same confidence—born of experience and success—that makes a CEO a great leader, can often be what stands in the way of selecting their successor.
It's rare for one Jeff to disagree with another, but Sonnenfeld says that Cunningham is wrong: GE’s recent action in firing John Flannery was not a unique, one time succession phenomena. He offers a rebuttal to the notion that these board insurrections are unique.
Snap, parent company of social media platform Snapchat, is having well-publicized issues, with executive departures and a deteriorating morale. Here are three strategies the company can take to get back on track.