For the last 50 years, countless books, articles, and white papers have been published about CEO succession planning. Each outlines the critical steps boards and CEOs must take to ensure a smooth leadership transition. Yet despite this wealth of knowledge, organizations continue to mishandle executive and CEO transitions, repeating the same missteps across industries and decades. At Lyceum, we’ve rethought the traditional approach to CEO and executive succession planning and development. By including the often-overlooked human dynamics and behavioral aspects that derail even the most logical plans, our approach addresses not only what needs to happen, but why it often doesn’t—and how to overcome those barriers.
Succession planning doesn’t have to be overwhelming. With Lyceum’s capabilities and framework, we give boards peace of mind by ensuring a smooth leadership transition that secures the future of their organization.
We help you address and manage the multi-faceted requirements and considerations of CEO and Executive Succession. Our process reveals the company’s immediate needs as well as the long-term strategic imperatives, risks, and situational requirements that bear on the capabilities, competencies, and tradecraft of present and future leadership.
Our unique blend of capabilities applied to succession programs include:
- Deep strategy, business, and management consulting experience to understand your business situation in depth and the leadership competencies required in your context.
- Executive assessments that combine industrial psychology, psychometrics, and behavioral and business situational-based depth of interviews to inform leadership development plans and programs.
- Organizational development considerations that rest on applications of psychology and sociology to both functional and organizational effectiveness.
- Experience in anticipating and managing unforeseen stakeholder complexities, especially in the context of dramatic corporate situations. Managed well through thoughtful planning, programming, and execution of processes that address stakeholder considerations.