Success and succession planning
Purpose This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Design/methodology/approach Reviews the latest management developments across the globe and pinpoints practical implications from cutting-edge research and case studies. Findings Why do firms change their boss? There, of course, numerous reasons why this happens, and almost none of them are admitted publicly when it happens. Some bosses are there today, and then gone tomorrow, and while the hastily issued press release from the firm in question cites a desire for the previous incumbent to spend more time with their family, this is usually code for ‘he was fired.’ Other bosses may leave more publicly, but the real reasons remain buried – although consecutive sets of poor financial results and a spiraling share price usually point to the real reasons. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.