Science Fair Project Encyclopedia
Succession planning
In Organizational development (OD), a critical task facing every organization is planning for succession in key roles, e.g. the CEO.
The example of General Electric is a good recent one where CEO Jack Welch and the GE Board of Directors engaged in a lengthy and systematic review of the potential successors prior to his retirement.
With the Sarbanes-Oxley Act of 2003, succession planning has risen in importance as a corporate governance issue.
Other interesting slants on succession
- PeopleFit Succession Planning - A Proven Process for Identifying Leadership Potential
- Capability Development & Organisational Development Experts [2]
10-26-2009 08:16:03
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details