+91-9555-11-4444
Logo
request a demo
Logo
request a demo
Logo
request a demo
+919555114444
Home>glossary> C>

CEO Succession Planning

CEO Succession Planning

CEO succession planning is a straightforward, thought-out, step-by-step process wherein a sizeable number of candidates are reviewed, monitored and scrutinized to find a successor to a current CEO, MD or other such leadership roles. The process ensures the desired alignment between a successor and a company. The CEO’s post is challenging and vital to appoint. Therefore, additional planning and prudence are undertaken for CEO succession planning.

CEO succession planning is critical because appointing a CEO’s position is mission-critical for any organization. Hence, it desires the highest levels of succession planning and commences quite early. Probables can be from within or outside of the industry for CEO succession planning, provided they have a tangible and successful track record of delivering results.

More terms

Cognitive Skills

Cognitive skills refer to the human ability to perform complex tasks closely associated with problem-solving and learning. The human brain uses cognitive skills to think, learn, read, remember, concentrate and focus on daily tasks and process new information.

 Read More

Company Succession Planning

Company succession planning, also known as corporate succession planning, is the process of finding and developing successors to appoint for critical leadership positions or CXO or CEO-level positions in a company.

 Read More

This word is part of a larger series on Succession Plan

Succession planning is a detailed and vital undertaking to identify people who could immediately, or after targeted development, assume key positions. Considering the evolving workforce, various companies ensure that the succession plan is adhered to periodically and is adapted at all levels, be it leadership roles, mission-critical positions or niche roles.

Read More

Identify Your Next-in-Line with Mercer | Mettl

Future-proof your business with digital succession planning approach

Know More

Related Blogs

Successful Succession Planning in 2021 (The Ultimate Guide)

Succession planning is a comprehensive activity for all-round business continuity, from planning, understanding the types, the right process and tools.

Read Now

Organizational Planning: The Ladder to an Organization’s Success

Organizational Planning is important for the survival and growth of an organization. It dives into Leadership Development, Succession Planning, and HiPo Identification.

Read Now

7 Steps To Kickstart Your Succession Planning Process

Learn how you can ensure an ideal succession with a healthy talent pipeline using the right succession planning strategies and succession planning steps.

Read Now

Upgrade Yourself With The Times

The World of Online Education and HR is a dynamic mix of complex technologies and challenges. We help you navigate the chaos, learn and grow.