Feature
Elevating Board Culture
By Mandy Wright
To be effective in the face of numerous challenges, boards must create a board culture that is agile, inclusive, and high-performing so that they can be prepared to take on these obstacles.
Photo Credit: iStock/Marco Venturini Autieri
Feature
Beyond the Basics: The Real Differentiators Between Success and Failure in CEO Succession
Boards know the basics of CEO succession planning, but many CEOs still have a shorter than desired tenure. What can boards do differently to ensure that their CEO succession plan does not just cover the fundamentals but does everything possible to set them up for success?
Corporate directors largely know and follow foundational CEO succession best practices, which helps them avoid the biggest, most obvious missteps in finding a new CEO...
Endnotes:
1 Ruth Umoh, “About 40% of new CEOs fail within 18 months. Here’s what separates the best from the rest,” Fortune, March 11, 2022, https://fortune.com/2022/03/11/how-best-fortune-500-ceos-leverage-boards.
2 Jeanne Sahadi, “Up to half of exiting CEOs don’t quit. They get fired,” CNN, July 19, 2019, https://www.cnn.com/2019/07/19/success/ceos-getting-fired/index.html.
Josh Rubenstein is a partner at ghSMART with a focus on CEO succession, CEO coaching, and building top teams.
Jeff McLean, NACD.DC, is president of ghSMART and advises public and private company boards, CEOs, and investors on building winning leadership teams.
Samantha Hellauer is a senior manager and researcher at ghSMART. She focuses on CEO succession, boards, and private equity.
Thank you for your interest in this page.
Member-Only Content
For full access, please log in, or explore membership options.
Discover More From This Issue
-
-
Feature
Back From the Brink: One Chair's Journey at USA Gymnastics
By Mandy Wright
Hear from Kathryn Carson as she discusses her experience as chair of USA Gymnastics.
-
Boardroom Guide
Navigating AI Governance: A Pragmatic Guide for Corporate Boards
By Chris Smith
Guidance for how to effectively govern AI.
-
Feature
Cyber Risk Is a Business Issue
By Neal A. Pollard and Shelley B. Leibowitz
How boards can change the risk conversation and partner with CISOs to build their digital fluency.
-
Feature
Updated Merger Guidelines Present New Challenges for Boards
By Michael W. Peregrine and Stephen Y. Wu
What to know about the 2023 Merger Guidelines from the DOJ and FTC.
-
Keeping Count
Top Concerns for Public Company Directors: AI, ESG, and Human Capital
By NACD Editors
Understand the top concerns and practices of public company board members.
-
In Practice
Unbiased Stakeholder Intelligence Improves Reputation Risk Management and Governance
By Kathleen G., Nir K., and Denise W.
Why boards should care about reputation risk management—and what they can do.
-
Connections
Trailblazing: Friends, Top Lawyers, and Board Directors
By Kimberly Simpson
The story of NACD members who have fostered a meaningful connection throughout their careers and now through NACD.
Explore All Directorship Issues