Special Report on
Planning for CEO Succession
Planning for CEO Succession - Trends
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Statistics reveal that the projected growth of the U.S. labor force will be seriously affected by the aging baby-boom generation. Consider the following projections from the U.S. Department of Labor: By 2010, the U.S. labor force will have a shortage of 10 million workers By 2012, 162.3 million people will be in the workforce By 2012, the 55-and-older segment of the workforce (many in management positions) will have increased to 19.1%, due to an annual growth rate of 4.1%, almost four times the rate of growth of the overall labor force. Bracing for the eventual swell in retirements, companies are turning to succession planning ...
The CEO succession process is broken. Too many companies' succession pipelines are bone dry. Even among firms that do have succession plans, most aren't happy with them. Thanks to poor succession planning, CEO tenure is shrinking: Two out of every five new CEOs fail in their first 18 months. How to find a CEO who'll serve your company long and well? Develop a deep pool of internal candidates--and keep it well stocked through a solid leadership development program. Ensure that the board devotes sufficient time to CEO succession--identifying promising candidates early in their ... Read More
SURVEY RESULTS FOR
PLANNING FOR CEO SUCCESSION
- wallybock Fm MarketWatch: Succession Planning, Corporate Reputation and Investor Confidence are Top Challenges for Today's CEOs http://bit.ly/980anV
- ReputationRx What's on CEOs' minds? 3/4 say they do enough to protect their co. reputations. http://bit.ly/95epsO #ceoreputation
- FTFnews Succession Planning, Corporate Reputation & Investor Confidence are Top Challenges for Today's CEO's .... http://bit.ly/co00XZ
Bill Conaty, former head of HR for GE, on the succession of Jack ...
Diversity Spectrum Interview: Effenus Henderson