The gap in succession planning at corporations continues to raise serious problems for companies.  The Stanford Graduate School of Business’ June issue examined research on CEO succession planning conducted by Heidrick & Struggles, the executive search firm, and Stanford’s Rock Center for Corporate Governance.  According to David Larker a professor at Stanford’s Graduate School of Business,

“We found that this governance lapse stems primarily from a lack of focus: boards of directors just aren’t spending the time that is required to adequately prepare for a succession scenario.”

To get a summary of the research’s findings go to Stanford’s GSB News.

This entry was posted on Thursday, June 17th, 2010 at 11:52 am and is filed under Liberum Management Change. You can follow any responses to this entry through the RSS 2.0 feed.