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  • May 4, 2020
  • Article
  • Harvard Business Review Digital Articles

Your CEO Succession Plan Can't Wait

By: J. Yo-Jud Cheng, Boris Groysberg and Paul M. Healy
  • Format:Electronic
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Abstract

CEOs tend to be older, putting them at greater risk of COVID-related illness, and adding to the urgency, succession planning has long been a blind spot for most boards. From 2015 to 2016, the authors conducted a global survey to better understand the experiences, practices, and attitudes of board members, and here they share what their work reveals about relative levels of succession preparedness across regions and industries. They also offer suggestions for approaching this admittedly delicate task thoughtfully.

Keywords

Ceo Succession; Management Succession; Planning; Governing And Advisory Boards

Citation

Cheng, J. Yo-Jud, Boris Groysberg, and Paul M. Healy. "Your CEO Succession Plan Can't Wait." Harvard Business Review Digital Articles (May 4, 2020).
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About The Authors

Boris Groysberg

Organizational Behavior
→More Publications

Paul M. Healy

Accounting and Management
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More from the Authors
  • Tech with a Side of Pizza: How Domino's Rose to the Top By: Boris Groysberg, Sarah L. Abbott and Susan Seligson
  • Compensation Packages That Actually Drive Performance By: Boris Groysberg, Sarah Abbott, Michael R. Marino and Metin Aksoy
  • The Roca Brothers: Innovation in Gastronomy By: Boris Groysberg, Evan M.S. Hecht and Katherine Connolly Baden
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