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3 Types of Succession Plans: Acting, Interim, and Rising CEO
Manage episode 424281960 series 3540661
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Last week, we discussed retaining your CEO or executive director. This week, we transition to executive succession planning. We discuss having a plan for an acting CEO, an interim CEO, and a rising CEO. Many organizations want to bring along the next leader while their current CEO is still running the show. However, not every organization has that luxury and needs to have a plan in case the CEO has to step away in an emergency.
Timestamps:
00:00 Executive Succession Planning
01:20 Understanding the executive’s role
02:05 3 types of succession plans
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