Dr. Kevin Groves Writes About Lack of CEO Succession Planning for Chief Executive Magazine

Dr. Kevin Groves, Associate Professor of Management at Pepperdine’s Graziadio Business School, recently shared his thoughts with Chief Executive about how the #MeToo Movement has exposed vulnerabilities in CEO succession planning among several top companies. Using last year’s Nike scandal as a case study, in which discrimination complaints from a group of women led to 11 top executives leaving the company, the article discusses how the crisis endured by Nike "underscores a ticking time bomb for many organizations across industries: the complete absence or severely underdeveloped succession management capabilities." Dr. Groves offers his recommendations for how to fix the problem, and how boards and CEOs can work to together to develop a succession management plan.