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.