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CEO Transition Process™

Chief Executive Officers hold the most critical and influential roles in every institution. They hold sway over the lives and fortunes of everyone associated with the company, and sometimes their decisions affect entire communities and industries. The most highly compensated individuals in the company, in the United States, a CEO’s average total cash compensation is more than a million dollars annually. Yet, the average tenure of a CEO is just five years. That means that when an organization loses its CEO, the cost of replacing that person soars into the tens of millions of dollars in new search costs, loss of key talent, productivity, and stock value. 

The Henman CEO Transition Process ™ helps boards of directors choose the best CEO and make the transition seamless by doing the following:

  • Assessing the organization’s strategy, culture, and leadership team
  • Determining what kind of CEO will be a good cultural fit—one who supports the company’s strategy.
  • Crafting the message about the transition
  • Facilitating mentoring from the exiting CEO
  • Eliminating confusion about who is in charge
  • Clarifying the board’s expectations and performance criteria
  • Identifying critical relationships
  • Executing change initiatives

Ten years ago, the average CEO’s tenure was twice as long as it is today. The stakes were high then; they’re even higher now. The Henman CEO Transition Process ™ is your insurance policy that the CEO will succeed.

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The Merger Mindset The Merger Mindset
Linda Henman PhD & Constance Dierckx PhD
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© 2023 Henman Performance Group | P.O. Box 7462 Town & Country, MO 63006 | Phone: (636) 537-3774

  • Home
  • About
  • Solutions
    • Board Services
      • Board Effectiveness
      • Director Evaluations
      • CEO Evaluations
    • CEO Services
      • CEO Selection
      • CEO Advisor
      • CEO Transition Process™
    • Keynotes
    • M & A Consulting
      • Acquisition Strategy
      • The Seller’s Strategy
      • Post Merger Integration
    • Strategy Formulation
    • Succession Planning
      • Executive Development
      • Executive Team Development
    • Pre-Employment Assessment™
  • Client Results
    • Client List
    • Case Studies
  • Resources
    • Books
      • Risky Business
      • The Merger Mindset
      • Tough Calls: How to Move Beyond Indecision and Good Intentions
      • Challenge the Ordinary
      • Landing in the Executive Chair
      • The Magnetic Boss
    • Leadership Tips from Linda
  • Assessments
    • Coaching Pre-Qualifying Survey
    • Board of Directors Assessment
    • Deal or No Deal Assessment
    • Executive Team Assessment
    • Integration Assessment
    • Strategy Assessment
    • Succession Planning Self-Test
    • Merger Mindset Quotient Assessment
  • Articles
  • Schedule a Call
Henman Performance Group