In the mid of 2008, David Miller, the CEO of the Madison Children's Foundation (MCF), is starting to ponder the prospect of the company. The board has actually altered composition over the previous 6 years, including more neighborhood homeowners and "working" board members.
The board succession policy is relatively well agreed, with a nominating committee and a great understanding of ability sets required and the expectations for board members. Board members have actually been raising the concern in a non-confrontational way for the previous 2 or 3 years, and now Miller thinks the time has actually come to produce a CEO succession technique for MCF. The vital concerns raised by this case consist of: What functions do/should CEOs and boards play in executing a leadership and starting succession procedure?
PUBLICATION DATE: August 05, 2009 PRODUCT #: KEL437-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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