Services
- Objective evaluation of the cultural dynamics that shape current leadership behavior
- Identification of the competencies required by the executive leadership of the company
- In-depth assessment of the current leadership talent pool, including but not limited to internal CEO candidates for succession planning and leadership development
- Objective review of internal and external candidates based on the critical competencies identified earlier
- Transition planning and coaching to insure a smooth change of leadership
CEO Succession Planning
Planning for and preparing the next chief executive officer is critically important. The choice of the next CEO is often the single most important decision facing a board of directors. Change at the top can result in an atmosphere of uncertainty, confusion, and in some instances, anger and disappointment. Most often change at the top involves shifting of responsibilities throughout a management team.
With a commitment of the current CEO and board of directors to put a plan in place, it is possible to manage this change in a way that reduces distractions to the business. Our experience in guiding this process has helped many organizations make better decisions and create smoother transitions. What Hyde & Lichter delivers is a proven process that builds organizational confidence in the succession plan, so your business can continue to thrive during time of transition.