Ken Favaro, Per-Ola Karlsson, Gary L. Neilson

When a board of directors announces the departure of a CEO and the hiring of an executive search firm to identify a successor, the board members are also announcing that they have failed at succession planning.

The $112 Billion CEO Succession Problem

Poor planning for changes in leadership costs companies dearly. Getting it right is worth more than you might think.

Navigating the First Year: Advice from 18 Chief Executives

CEOs who took part in Booz & Company’s 2011 study of CEO turnover share their thoughts about the difficulties they faced, the successes they achieved, and what, in retrospect, they might have done differently in their first year on the job.