Policy Advice | Stepping Out

POLICY ADVISORY SERVICES

80% of CEOs are Baby Boomers nearing retirement

Do your policies ensure yours will leave at the best time for the business?

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Why Your Succession Plan Needs A Stepping Out Policy

HRM
Control & Order

A formalised policy and practice gives your business and leadership clarity, direction, expectations, and timelines that protect you from the risks that come when members of your senior management team step out too early or too late.

Prevents Age Discrimination

Poor performers are offboarded. Good performers get promoted. Over time your strongest staff become your leaders. In an age where we're living longer than ever and still perform strong, chronology shouldn't be the sole driver behind exit policy timelines. A well considered stepping out policy considers a range of factors and includes the leader as a key contributor.

Signals Progression

Adding a stepping out policy and process to your succession plan facilitates a positive refreshing of your top management team and serves as a cue to directors and SVPs that opportunities at the top are a predictable certainty and not a maybe.

Builds Advocates

Reputation is everything, and your leadership's industry connections run deep. Effective succession plans must focus on the exiting CEO as much as rising candidates. Comprehensive stepping out policies and practices give CEOs and CFOs the support they need to end their tenures with dignity, satisfaction and enthusiasm so they remain advocates and ambassadors for your company.

EMPOWERING CPOs TO EXCEL AT SUCCESSION

Working With Our Policy Advisors

OUR ADVISORY SERVICE

Our advisors guide CPOs, their CEOs, and chairs through the critical thinking and decision-making required to develop comprehensive, positive policies and processes for the offboarding of senior management team members.

WHAT TO EXPECT