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Succession Planning: What the Research Says

Artwork: George Byrne, White Palm (detail), 2015, archival pigment print  

Summary.   

While every organization inevitably must replace its CEO, most firms are ill-prepared for succession. In this article, HBR senior editor Eben Harrell reviews the most salient studies of succession

All CEOs will inevitably leave office, yet research has long shown that most organizations are ill-prepared to replace them. In this article, we review the most salient studies of succession planning and offer context from experts on the process of picking new leaders for organizations.

Read more on Succession planning or related topics Leadership transitions and Boards
A version of this article appeared in the December 2016 issue of Harvard Business Review.

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