Spencer Stuart and Bain & Company Release New Report on CEO Succession During Periods of Crisis - Yahoo! Finance -BoardProspects

Spencer Stuart and Bain & Company Release New Report on CEO Succession During Periods of Crisis

Yahoo! Finance Jul 20 2020 BoardNews

Today, leadership advisory firm Spencer Stuart and management consulting firm Bain & Company ;released Covid-19: Is Your Board Hitting the Brakes on CEO Succession? , a report that focuses on CEO transitions during a global economic crisis. This new research examines boardroom behavior and attitudes toward CEO succession, as well as implications for CEOs during times of economic uncertainty...
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1. Now more than ever, it is critical that boards regularly update their succession plans if they hope to be nimble, efficient and successful in the wake of this crisis.
2. For CEOs, all crises present a defining moment and Covid-19 is an extraordinary one.
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