In the mid of 2008, David Miller, CEO of the Madison Children's Foundation (MCF), is starting to consider the future of the corporation. The board has in fact altered composition over the spreceding 6 years, including more neighborhood homeowners and "working" board members.
The board sequence strategy is relatively well arranged, with a nominating committee and an excellent understanding of ability sets required and the expectations for board members. Board members have actually been raising the concern in a non-confrontational way for the previous 2 or 3 years, and now Miller thinks the time has actually come to develop a CEO succession method for MCF. The crucial concerns raised by this case consist of: What functions do/should CEOs and boards play in carrying out a leadership and starting succession procedure?
PUBLICATION DATE: August 05, 2009 PRODUCT #: KEL438-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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