What's New in the World of CEO Succession?

The Conference Board has released its 2017 CEO Succession Report, and while they are looking at the practices that are trending in the corporate world, there may be parallels in the nonprofit world as well.

A trend that I found interesting is that one in ten CEO successions involved the appointment of an interim CEO. This indicates more planned and gradual transitions, which offers an opportunity to utilize interim leadership or other temporary measures. This can be a stabilizing decision for companies and organizations, allowing them to go through a considerate search for a permanent leader. Interim leaders are not necessarily interested in the permanent position, nor is that usually a good idea.

The report also indicates that other scenarios seem to be trending in CEO succession, such as the opportunity for shared leadership.

You can download the report here.