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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.

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.

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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.

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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.

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