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CEO Succession Planning: Your 2024 Comprehensive Guide (+Free Template)

AIHR

CEO succession planning is more important than you may realize. The researchers estimate that better succession planning could help the large-cap US equity market achieve 20% to 25% higher company valuations and investor returns. Contents What is CEO succession planning?

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How to Move a Board Into Action

Association Now Leadership

A good example of that focus is a recent governance shift at the Council of Landscape Architectural Registration Boards: I wrote about how CLARB’s board had become constrained by outdated requirements that limited its flexibility and diversity. That means taking a longer view, and a little more patience.

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How To Build the HR-Board Relationship for Organizational Success

AIHR

The visibility and importance of HR at the board level have been steadily increasing due to enhanced governance oversight and the growing recognition of HR as a strategic contributor to future-proofing businesses in terms of talent and culture.

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What is Competency Management? Best Practices To Drive Performance (in 2023) 

AIHR

Better succession planning Many organizations don’t think about succession planning until it’s too late. Establish governance and accountability structures : Having a governance structure in place ensures your competency management process is transparent (and effective).

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Why Staff-Culture Leadership Means More Now

Association Now Leadership

The National Association of Corporate Directors’ 2023 Governance Outlook report, released last month, put a spotlight on what it calls “people-related stewardship” as a key leadership need in the coming year. That can focus on matters of compensation and professional development, but it involves soft skills too.

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Why CEOs Need to Plan Their Exits

Association Now Leadership

Even if you’re not heading out the door anytime soon, it’s crucial to be thinking about what succession planning will look like. You don’t need to be running a company with a trillion-dollar market capitalization to be dealing with this stress.

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HRIS Requirements Checklist: A Guide for Getting Started

AIHR

An HRIS should govern benefits administration. Insurances PTO Travel compensation Retirement plans Employee wellness programs. You can also use it to run reports for skills inventories and succession planning. Benefits management. This is especially helpful for companies that require licenses and certifications.