AURORA, Calif.–Founding Partners Ron Nice and C. Alan Peppers have formally launched Succession Partners, LLC, along with a new website, SuccessionHQ.com, to deliver a cost-effective, customized solution for installing and maintaining a CEO Succession Planning System.
“This innovative process prepares the Board to select a new CEO and overcomes the challenges inherent in the leadership succession process,” the company said.
Nice and Peppers said they believe that collaborative succession planning between the board and CEO works best as it ensures a positive hiring result and minimizes the risks associated with the Board's most important decision.
“After decades of observation and study of top performing CEOs and high performing organizations, Succession Partners, LLC has effectively solved the problems, minimized the disruption and brought a planned, sustainable, and transparent approach to leadership succession,” the company said.
An overview of its four-step process includes:
- Preparation: A customized Succession Planning Risk Assessment, available on the website.
- Planning. A practical framework for developing succession planning policies and detailed procedures for a smooth CEO transition.
- Development. A simple, straight-forward and automated "competency" based leadership assessment and development program for high potential CEO candidates
- CEO Transition. Tangible, proven, and actionable CEO transition checklists that accelerates the transfer of institutional knowledge, provides a safety net for the Board, and ensures minimal disruption with a CEO transition
For info: SuccessionHQ.com