A New Perspective on C-Level-Succession

The turnover in CXO positions is accelerating. Macroeconomic volatility and geopolitical instability coupled with rapid technological changes are challenging leaders to their limits. Moreover, investors are getting increasingly nervous, wanting faster results. The net effect is shorter terms in office and more volatile leadership cycles on executive teams. Three out of ten board members at S&P 500 companies now consider succession planning at the CXO level to be one of the most difficult aspects of their job – and one of the most important challenges this year. 

Careful management of the leadership transition process has never been more critical – and strategic internal succession planning at C-level is key. 

Egon Zehnder’s experts analyzed success factors, best practices, typical pain points, and challenges of internal succession with the specific goal of identifying, understanding, and developing CXO talent with potential within the company. 

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