Re: Every company has/should have Succession Planning
Potentially there isn’t a wealth of talent ready to take over executive positions, those in executive positions might have made sure of that. No CMO, no CTO & no CPO, no head of legal & policy.
I wonder who made sure those jobs were degraded. There might not have meant to be a CFO, but the DOF might have come in & was very ‘committed’ to seeing the CEO’s vision was agreed with & implemented from his very first day with the company, he might have been very compliant, very very compliant. Then Hey Presto he’s CFO & a seat on the board was rewarded, possibly he became the new hand of the king & the old hand to the previous king downgraded in title & stature.
Biting the hand that feeds IT
