March 28, 2008
The Successful Succession
How to manage the process of picking a president
Everyone agrees in the abstract that the number one responsibility of a governing board is to identify and recruit an excellent president when the time is at hand. Yet an astonishing number of institutions have no succession-planning process in place, and trustees themselves confess that they are more dissatisfied with this aspect of their work than with any other. When the time comes to move from thinking about succession to the hard
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