What Boards of Directors Should KnowAshley R. Stephenson and Stephen P. Kelner, Jr.
As boards have come to recognize that talent is the critical differentiator on what is often an otherwise level playing field, they have paid increasing attention to the issue of senior-level executive assessment. As a result, many boards are trying to develop profiles of executive excellence, establish processes for transparent succession planning, and adopt long-term approaches to talent management. All stakeholders should welcome the commitment to long-term strategy that these developments indicate.
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