Tips for CEOs, Boards and Company Builders: 7 Succession Mistakes to Avoid

The trickle down process is in high gear.

Steve Jobs takes a second medical leave and everywhere business people are scurrying around to do or dust off CEO succession plans.

The fact of the matter is most people avoid contingency planning (Tornado? What tornado?) like Republicans and Democrats avoid candid, authentic dialogue about taxing and spending realities. Succession – particularly at the most senior levels like the CEO – invites thinking about the unthinkable; things like death, firing, or getting “your guy/gal” at the top swiped by another competitor.… Read the rest