succession advisory
Partnering with boards and management teams to enable a seamless transition to new leadership.
Steve’s approach is usually based on a multi-year plan to prepare for CEO succession. However, it can be adapted to emergency succession and to incorporate other critical C-Suite roles.
A typical CEO succession project includes:
The creation of a tailored success profile to define the distinctive leadership needed to deliver the strategy.
Report of the Board’s readiness to decide on the next CEO and recommendations on succession activities and timeline.
A customised engagement plan that ensures the Board has sufficient access and exposure to succession candidates.
Advisory support on the decision-making mechanics and data sources to maximise fairness and rigour.
Guidance on the appropriate use of external search.
Targeted coaching and development for internal candidates.
Rigorous comparative assessments for internal and external candidates.
Transition support and development for outgoing and incoming CEOs.