Reported about 2 months ago
The recent transition of leadership at Starbucks, with Chipotle CEO Brian Niccol stepping in for Laxman Narasimhan, has drawn attention to the complexities of succession planning in major corporations. Experts like Bill George highlight the necessity for boards to prioritize long-term plans over mere emergency contingencies, underlining similar issues faced by companies like Disney, Microsoft, Boeing, and General Electric.
Source: YAHOO