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CEO Succession Planning Often Lost in the Shuffle

Over the last five years, average tenure of a CEO (based on a survey of public and private companies) shrank from 7.3 years to 4.4 years. Focus on CEO succession is becoming more important to boards. Half the members of...more

Insight on Estate Planning - February/March 2013: Strong governance enhances a family business’s value

Too often, family members view their business as a source of wealth without making sure that the company is managed by those best suited for the job. Good governance — carefully documented in writing — can help ensure a...more

Succession Planning—Avoiding the Jekyll-Hyde Problem

Scenario: A highly regarded leader retires or leaves a company. Over time, his replacement increasingly seems to have come from a different planet. It’s a day to night comparison between the leader and his replacement — Dr....more

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