Passing the Baton Without Dropping It: What Separates Elite CEO Transitions from Costly Corporate Disasters
Most organizations treat CEO succession as an afterthought — a contingency plan gathering dust in a boardroom drawer. Research across Fortune 500 companies reveals that nearly three-quarters of leadership transitions destroy shareholder value, employee morale, and strategic momentum in ways that take years to repair. Understanding the anatomy of both failed and flawless transitions is no longer optional for boards that take their fiduciary responsibilities seriously.