Araoz, C.F., Nagel, G. and Green, C.  <br/><br/>
The high cost of poor succession planning 

 - Harvard Business Review   
 - 99(3), May-Jun, 2021: p.98-107 
<br/><br/> Many large companies fail to pay enough attention to their leadership pipelines and succession practices. That leads to excessive turnover at the top and destroys a significant amount of value—close to $1 trillion a year among the S&P 1500 alone, say the authors of this article. The biggest costs are underperformance at companies that hire ill-suited external CEOs, the loss of intellectual capital in the C-suites of organizations that executives leave behind, and for companies promoting from within, the lower performance of ill-prepared successors. – Reproduced <br/><br/>