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JOURNAL OF LEADERSHIP, ACCOUNTABILITY AND ETHICS
CEO Succession Planning and Organizational Performance: A Human Capital Theory Approach
Author(s): John F. LeCounte, Leon C. Prieto, Simone T. A. Phipps
Citation: John F. LeCounte, Leon C. Prieto, Simone T. A. Phipps, (2017) "CEO Succession Planning and Organizational Performance: A Human Capital Theory Approach," Journal of Leadership, Accountability and Ethics, Vol. 14, Iss. 1, pp. 46-57
Article Type: Research paper
Publisher: North American Business Press
Abstract:
Chief Executive Officer (CEO) succession planning is a critical issue for organizations. The implications for an effective succession plan is far-reaching to the entire system, subsystems and external customers (Guthrie & Datta, 1998; Kesner & Sebora, 1994). This paper looks at the importance of talent management policies and practices as it relates to leadership pipelines, and provides a conceptual framework that organizations can adopt to ensure that they will always be prepared for CEO succession and maintain a competitive edge.
