What Companies Can Learn From Executive's Exits
Printer Print Email Email

Be Prepared With A Succession Plan

succession plan, tim cook, IBM, pepsi, microsoftThe companies must be prepared with a succession plan as to who will lead the company in case of the exit of the top executives. Companies which are well known for their succession plans are IBM, Microsoft, Pepsi, and many more. The current CEOs and the Board is given the responsibility to identify those with the potential to assume greater responsibilities, provide critical development experiences and engage in leadership roles. This would ensure that the company is run smoothly even after a critical arm has decided to call it quits.

 
Digital Supply Chain Transformation – Winning the AI/ML Way