Korn Ferry: Retaining Top Talent Who Aren't on the CEO-Track

Korn Ferry explores the tricky situation of how an organization handles multiple senior leaders who would make excellent CEOs when the time comes. When the CEO spot becomes available and the successor is named, what’s the best way to retain the other talented senior leaders who were vying for the position? Singe Spencer, a Senior Consultant at Korn Ferry, suggests a succession plan to determine what kinds of roles these executives might be happy with, if they weren’t the one picked for the top spot, including giving new titles and honors to the runner-up candidates.

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