CEO Succession: It’s a Process, Not a Plan

As the saying goes, “the best laid plans of mice and men often go awry.” In the case of succession, an unexpected CEO vacancy can throw even a healthy organization into disarray. A smooth transition from one CEO to the next is essential in maintaining the confidence of stakeholders, particularly during a time of vulnerability. Smooth succession, or lack of it, has increasingly been a litmus test for a strong board. Effective planning allows momentum to continue and changes to be made swiftly. Additionally, it results in greater employee confidence and retention of senior talent. As proven by Apple, Microsoft and GE, life goes on. McDonald’s has long been an example of successful CEO succession planning. The board was able to quickly and decisively replace two CEOs within eight months […]

The impact of social media marketing on recruiting new staff

Sallie-Ann Allen, Head of Operations at Networks First Finding and attracting the right candidates to fill vacancies has always been a challenge for businesses regardless of size; but, up until recently, it has always been a sellers market – vacancies would typically have dozens of applicants, all vying for that one position. However, things are changing, and fast. The 2014 employment landscape is now very much a buyer’s market. For example, by Q2 of this year, CV-Library found that, on average, there were only six applicants per job in the pharmaceutical and scientific jobs sector. Unemployment is at its lowest since 2008. We think the digital branding, social media and the ‘hive mind’ mentality of online conversation is helping to drive this change. To remain competitive, UK employers are, subsequently, […]

Engineering a response to Ebola

The director of Medecins Sans Frontières Spain’s Technical Task Force for Ebola talks about the role that engineering is playing in the battle against West Africa’s devastating Ebola outbreak. The global number of cases in the Ebola outbreak has exceeded 10,000, with 4,922 deaths. Three countries with shared borders – Sierra Leone, Liberia and Guinea – account for all but 10 of the fatalities The global number of cases in the Ebola outbreak has exceeded 10,000, with 4,922 deaths. Three countries with shared borders – Sierra Leone, Liberia and Guinea – account for all but 10 of the fatalities Ebola is now like a forest fire. It is burning too intensely at its centres – the places where the disease first struck – so we are really working to contain […]