First few Article Sentences
OMG! The CEO and CFO just won the lottery and walked out! While this is a very unlikely scenario, it alerts us to the critical need for every organization to have a succession plan, and to look at not only who might step into vacated positions, but how that transition will be handled. While this is particularly important at the highest level in the organization, it should be part of the organizational culture, top to bottom. Organizations will be well served to meet the very challenging (and exciting) years ahead, by giving some thought every day to what needs to be done if top-level executives resign or retire.