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Why Boards Should Prepare for Leadership Turnover Before It Happens

Why Boards Should Prepare for Leadership Turnover Before It Happens

Leadership transition is inevitable. Yet far too many boards are caught off guard when it happens.

Why Planning Matters 

    • Minimizes Disruption: With a plan in place, staff and stakeholders feel supported – even during change.
    • Protects Strategy: Key initiatives don’t stall because clear interim coverage is already outlined.
    • Speeds Up Responses: A pre-vetted interim talent pool or firm partner (like ProNexus) can be activated within days.

 What Boards Should Do 

  1. Develop a Succession Matrix: Identify potential gaps for each C-suite role.

  2. Partner with Interim Firms Early: Establish relationships before crisis strikes.

  3. Review Annually: Make transition planning a living part of board governance.

Proactive boards don’t just manage transitions, they lead through them. At ProNexus, we help boards build those proactive plans.

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