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While CEO succession is much in the news, it is often discussed from the point of view of board members, consultants and search firms. To understand the perspectives of today’s CEOs on succession planning, we spoke with 18 sitting CEOs, one recently retired CEO and one sitting chairman…They shared practical suggestions on how to make CEO succession work more effectively for the company, the board, potential candidates and the CEO in this Chief Executive magazine article entitle Succession in practice.
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The prior post (below or click here) generated some very perceptive comments from around the net – as a thanks to everyone who contributed, here are some excerpts regarding my colleague’s cover letter: Read the rest of this entry »
A recently laid-off colleague from a prior employer contacted me about leads for jobs. I willingly offered to help, and made some contacts – one looked like a perfect fit. Here is the letter my colleague wrote, only slightly edited for public posting: Read the rest of this entry »
Interesting post in the NYT this morning, entitled “Why Should Recession Stop the Recruiters?”
Some good points:
- “For one thing, word spreads quickly when an employer lets a lot of people go or rescinds job offers. That can hamper future recruiting efforts.
- Companies do not just lose appeal as employers if they lay off younger workers or freeze hiring. They may also limit their ability to develop future leaders.
- Scarce talent will still be scarce when the economy improves
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