Daily Archives: February 11, 2013

Every company used to have one. The curmudgeon whose habitual contribution to the strategy discussion was a slow intake of breath, a shake of the head, and a gloomy judgment on the latest plan: “We tried that in 1980: complete disaster.”

Andrew Hill

Pope Benedict XVI. Getty Images

How does the Pope’s decision to step down measure up against best practice in corporate succession planning?

Luckily, the Association of British Insurers – which issues regular guidance on governance issues – has recently, ahem, pontificated on this matter, recommending that companies improve their succession planning and have strong candidates ready to take over as chief executive. Read more