Always a difficult question, but he had to be asked. Who was next in line? Management succession is a major problem in many companies. Leaders put all their efforts in business. But how much time is spent on the bench force planning? And what happens if the CEO is not ready to pass on the reigns and start a life outside the office? This case represents the transition problems that many companies are now facing retirement age of baby boomers and the absorption of C-level suite for the next generation.
This Darden study. "Hide
by Martin N. Davidson, Gerry Yemen Source: Darden School of Business 9 pages. Publication Date: June 12, 2007. Prod. #: UV0858-PDF-ENG
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