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CEO succession refers to the process by which boards of directors ensure that their organization has the ability to sustain excellence in CEO leadership over time, with transitions from one leader to the next.CEO succession is one of key functions of a board of directors.Changing the head of an enterprise impacts company culture, board/CEO relations, and perceptions from multiple constituencies inside and outside the business. The disruption that occurs can impact performance in a positive, neutral or negative manner.here are six key outcomes of an effective CEO succession: [1]. 1  A board that is aligned on the strategy of the company and expectations of the new CEO. 2  An effective CEO in place with sufficient candidates in the pipeline (both internal and external). 3  Well-managed and minimized risks associated with CEO transition.
It was last updated for Sons of Abraham. The succession screen. Succession is the distribution of a ruler's titles upon his death based on succession and gender laws of each title. It is one of the most important concepts in Crusader Kings II, as it controls what character you play as the heir to the primary title.