A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Can succession planning impact your utility's performance?
This article discusses how succession‐planning can ensure continuity of leadership at water utilities in the upcoming years when an exodus of institutional knowledge and leadership is expected to occur as members of the Baby‐Boom generation retire. Progressive utilities are using succession planning as a best practice to prepare for the transition risk that accompanies a CEO or senior officer departure. A domino effect occurs when any senior officer leaves, and at such times succession planning is used to assess the cadre of top leadership talent. A set of moves based on these assessments yields a stronger team and greater bench strength, as opposed to weakening the net effectiveness of the senior team. The article discusses two best‐practice examples of how utility CEOs and their boards of directors faced succession planning challenges.
Can succession planning impact your utility's performance?
This article discusses how succession‐planning can ensure continuity of leadership at water utilities in the upcoming years when an exodus of institutional knowledge and leadership is expected to occur as members of the Baby‐Boom generation retire. Progressive utilities are using succession planning as a best practice to prepare for the transition risk that accompanies a CEO or senior officer departure. A domino effect occurs when any senior officer leaves, and at such times succession planning is used to assess the cadre of top leadership talent. A set of moves based on these assessments yields a stronger team and greater bench strength, as opposed to weakening the net effectiveness of the senior team. The article discusses two best‐practice examples of how utility CEOs and their boards of directors faced succession planning challenges.
Can succession planning impact your utility's performance?
Fahnestock, Christine M. (author) / Brethower, Karen Searles (author)
Journal ‐ American Water Works Association ; 96 ; 22-26
2004-11-01
4 pages
Article (Journal)
Electronic Resource
English
Succession Planning & Leadership Development: Your Utility's Bridge to the Future
| British Library Conference Proceedings | 2006
How Healthy are Your Utility's Financial Fundamentals?
| Wiley | 2005
Rapid performance improvement: one utility's revolution
| Wiley | 1997
Defense Conversion - One Utility's Advantage
| British Library Conference Proceedings | 1994