Sentences with phrase «say succession plans»

Senior teachers say succession planning is now more important to schools than it was in 2009, according to the...

Heath is in her first year as principal at ASMS and says succession planning for the Adelaide school is all about developing teachers to be leaders at every level.

Although balancing thinking about the present day workings of the school and the future at the same time could be overwhelming for a principal, Heath says succession planning should be part of the culture of the school and how principals are supporting their staff.

Senior teachers say succession planning is now more important to schools than it was in 2009, according to the latest research from Randstad Education, the specialist recruiter.

Not exact matches

You could hardly find two more qualified people on earth, says Charlie Munger, Berkshire Hathaway vice chairman, providing his thoughts on Berkshire Hathaway's succession plan.

Besides figuring out whether a family member can take over the company's operations, succession advisors say clans must also come up with a consensus about a transfer of ownership, as well as implement a plan that allows the founder to extract their equity from the firm.

But the board at CIBC (TSX: CM) said in a statement that it engaged in a «robust succession planning process» and chose Dodig to lead the bank into the future.

In a press release, Frank Iacobucci, the company's lead director, said that succession and strategic planning had led the board to «the determination that the current timing under all circumstances is best - suited to transition CEO leadership.»

«Succession planning in this industry continues to be very low,» he said.

«Pretty soon what started as a pretty simple equation — how do we achieve succession planning — is now overwhelming,» he said, noting there are 30 - plus succession planning factors to be potentially thought through.

But in a new survey of 250 business owners by Bank of America's Merrill Lynch division, only 39 % said they used an expert — like a management consultant, financial adviser or commercial banker — to develop a succession plan.

«Many business owners have not made important decisions [about succession planning],» Keith Banks, president of U.S. Bank said in a video conference to discuss the survey findings.

«In terms of a succession plan, there really wasn't one,» says Taylor, who at the time was Betah's creative services director.

That's an unusually short time period for any succession process, says James Wong, an expert in business succession planning who currently works at RBC Wealth Management.

I would say our board has adopted succession planning practices that are best in class.

«As soon as a CEO is appointed, there should be a succession plan,» he says.

«A key component in succession planning is establishing a leadership culture very deliberately, and grooming people to that,» she says, «as opposed to allowing one or two individuals to shape it.»

Stanford University professor David Larcker, who directs the school's governance research program, says the case of Apple and Jobs's health has convinced more shareholders and institutions to demand that corporate boards establish detailed succession plans.

If they have no succession plan, say some industry watchers, they are doing clients a disservice.

Without a clear business purpose, such as developing a product launch strategy or engaging in succession planning, Weiss says retreats tend to «descend into sitting around watching the boss play cards» — or worse.

«Those that go through the coffin thing see the end for a moment, and it drives them to live their lives by design, not by default, and succession planning is part of that,» Carson said.

In a recent CNBC.com poll, 91 percent of respondents said it's important for advisors to have a succession plan.

Family offices in Asia Pacific are now prioritizing succession planning, says Hartmut Issel of UBS Wealth Management.

«Succession planning isn't an event; it's a process,» says Sage - Hayward.

The carmaker's board said on Thursday it would ask shareholders in June to back Ghosn for another four - year term, during which he would «take decisive steps to make the alliance irreversible» and «strengthen the succession plan».

Since CEO tenure is decreasing and the pool of available CEOs is small, directors need to be certain that their companies have real succession plans in place and that they take care to groom less senior executives for higher - level jobs, Larcker says.

The family's succession plan, she says, will be decided in the next year or two.

A GSK spokesman said: «Succession planning for the chairman is well under way.»

Edelman, who said he was launching a marketing services offering for advisors later this year, answered moderator Barthel's question about succession planning by saying «we have a very formalized» plan, before turning to the issue of partnerships.

After media reports on his succession plans and ill health, Redstone last week issued a statement saying that after his death, his ownership interests in CBS and Viacom will be handled by a seven - member trust.

So, as we've said in the past, we've got a long - tenured franchise system, many of those folks have the succession plans in place and are looking to monetize and exit the system; that gives us an opportunity to drive that stream.

Small companies can get away with interim leaders, he said, but larger companies should have succession plans that look beyond management's upper levels.

It's also about farmland succession plans,» Smith says.

He said, «I do feel if he were to go now without any succession plan management from the club it would be too soon,» he told the BBC.

He said, «They're going to want to have a run - up to a succession plan at Arsenal Football Club and that will mean Arsene Wenger signing a new deal.

That said, Sunday's encounter with West Ham United at the Emirates may be perfectly timed for Gazidis and the Arsenal hierarchy as it will provide a stark reminder of how succession - planning can go badly wrong.

D.A. Davidson analyst Tim Ramey termed the succession plan as «orderly» and said the changes did not alter his investment thesis on the company.

The latest polling will refocus attention on the race to replace Corbyn as even allies of the leader are said to be planning the succession to safeguard his legacy.

Corbyn has said Labour will be in «permanent campaign mode» and is planning a succession of visits and events, many taking in Conservative - held seats across England and Wales and SNP ones in Scotland.

As the mid-sized brokerage grapples with an exodus of talent and a belated succession plan, sources say it will struggle to rebuild and may have to downsize

Craig points out the «the succession of Tory MPs» who spoke out against the chancellor's plans in the Commons debate on tax credits and says there will be futher battles ahead.

He said, «We call on Nigerians not to be deceived by the sudden law - abiding stance of the APC, as it is merely cosmetic and meant to cloak their hidden but soon to be manifested plots to manipulate the laws to push a self - succession plan of their incompetent candidate.

He praised Marrett's «willingness to take on such an important leadership role» and said that Olsen would help improve NSF - wide management practices «in areas such as strengthening merit review and interdisciplinary research processes, workforce planning, Program Officer training and development, and succession planning.»

Jayne Heath, principal at Australian Science and Mathematics School (ASMS), says the benefits of a solid leadership succession plan stretch to the entire school community, and benefit the day - to - day workings of the school.

However, amongst those schools that do succession plan, 43 per cent of senior teachers said they focus their succession planning on the top three levels of management and below — compared to the UK average of 37 per cent.

Jenny Rollinson, managing director of Randstad Education, said: «Sound succession planning gives teachers a strong sense of having a clearly defined future within the school.

Whitehead - Bust said DPS has adopted a policy requiring innovation school applications include a succession plan and that teachers and community members are interviewed, along with the principal, to ensure there's a shared vision — so one person's departure doesn't derail the innovation plan.

Potomac Lighthouse did have a succession plan in place when its principal left on a day's notice, said Regan Kelly, a vice president of Lighthouse Academies.

«Martin and the board have been planning for CEO succession since early this year, and will continue the search for a permanent CEO,» Musk said in the statement.

These topics can be very difficult for families to discuss, but Froese says the conversation about succession planning doesn't have to be a painful experience.