Top Tips for Effective GC Succession Planning and Training

Succession planning is part of good corporate governance, and many companies expect their GCs to develop a succession plan for the role. The process can be complicated and require some sensitive navigation. To assist GCs in creating effective succession plans, BarkerGilmore recently hosted a program where panelists discussed their approaches to the task, the benefits of succession planning and best practices around implementation. This article summarizes the key takeaways from the program. See our three-part series on the first 100 days as GC/CCO: “Preparing for the Role and Setting the Tone” (Apr. 14, 2021), “Developing Knowledge and Forging Key Relationships” (Apr. 21, 2021), and “Managing Daily Work, Performing Risk Assessments and Looking Ahead” (Apr. 28, 2021).

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