CEO succession: some finer – and perhaps provocative – points

Abstract

Purpose

The paper discusses some finer points on CEO succession.

Design/methodology/approach

This as a viewpoint paper in which the authors discuss the merits and disadvantages of various approaches to CEO succession

Findings

CEO succession planning is a fundamental element of enterprise risk. A board must have an effective CEO and the board must have a means to replace the CEO. Boards must have succession processes in place for the routine and the unplanned emergency.

Originality/value

It is hoped that the discussion will direct more attention to CEO succession and its challenges.

Citation

Dalton, D.R. and Dalton, C.M. (2007), "CEO succession: some finer – and perhaps provocative – points", Journal of Business Strategy, Vol. 28 No. 3, pp. 6-8. https://doi.org/10.1108/02756660710746300