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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
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Paul M. Healy

Accounting and Management
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More from the Authors
  • The New-Collar Workforce By: Colleen Ammerman, Boris Groysberg and Ginni Rometty
  • Walmart’s Live Better U By: Boris Groysberg, Annelena Lobb and Kerry Herman
  • Shelly Sun at BrightStar Care: The Evolution of a Leader By: Boris Groysberg, Colleen Ammerman and Sarah L. Abbott
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