---
title: "Stanford GSB: CEO Succession Planning Quick Guide"
url: https://stacklist.com/card/4d62807e-4d97-450e-864f-c137fbc10f94
source_url: "https://www.gsb.stanford.edu/faculty-research/publications/labor-market-executives-ceo-succession-planning"
stack: https://stacklist.com/c/business/stack/1fc1d2af-c085-48a8-a432-146ba272d20d
summary: "CEO Succession Planning is a Stanford GSB quick guide that examines how boards of directors identify qualified CEOs, evaluate necessary skills and experiences, and plan for management transitions. The guide addresses key questions about inside versus outside CEO candidates and the models boards use to ensure effective succession planning."
tags: "ceo-succession, corporate-governance, board-management, leadership-planning, executive-recruitment"
key_entities: "Stanford Graduate School of Business (organization), Corporate Governance Research Initiative (organization), David F. Larcker (person), Brian Tayan (person), CEO succession planning (concept), board governance (concept)"
classification: "reference"
content_hash: "sha256:dc69b5f9a62eaeaa49f02827d07645cc0c8ca0887488d9a84764a63958fbdb6f"
acp_version: "0.2"
token_counts_approximate: 691
visibility: public
agent_accessible: true
status: "final"
---

# Stanford GSB: CEO Succession Planning Quick Guide

Faculty & Research Menu Faculty Academic Areas Accounting Economics Finance Marketing Operations, Information & Technology Organizational Behavior Political Economy Awards & Honors Conferences Accounting Summer Camp Kreps Symposium Marketing Camp In Memoriam Seminars Accounting Classical Liberalism Economics Finance IOPLUS Marketing Operations, Information & Technology Organizational Behavior Political Economy Voices Publications Journal Articles Books Working Papers Case Studies Postdoctoral Scholars Past Scholars Research Labs & Initiatives Cities, Housing & Society Lab Corporate Governance Research Initiative Research Stanford Closer Look Series Quick Guides Core Concepts Surveys Books Journal Articles Working Papers Case Studies Glossary of Terms Executive Education Faculty & Staff Contact Subscribe to Corporate Governance Emails Corporations and Society Initiative Golub Capital Social Impact Lab Who We Are Researchers & Students Funders Our Research Research Approach Tools & Tutorials Publications Domain Areas Charitable Giving Education Financial Health & Services Government Services Health Labor Mobility Sustainability Methods AI & Machine Learning Short Course Adaptive & Iterative Experimentation Digital Interventions & Services Incentive Design Other Causal Inference Tools Social Sciences & Behavioral Nudges Bandit Experiment Application Conferences & Events Get Involved Contact Initiative for Financial Decision-Making Policy and Innovation Initiative Reading Materials Courses Events Contact Rapid Decarbonization Initiative Research Teaching & Curriculum Energy Entrepreneurship Faculty & Affiliates Contact Email Value Chain Innovation Initiative Research Books Case Studies Publications Responsible Supply Chains Faculty & Staff Events Contact Subscribe Venture Capital Initiative Contact Behavioral Lab Conduct Research Participate in a Study Faculty & Staff Contact Data, Analytics & Research Computing Faculty Publications Research Labs & Initiatives Behavioral Lab DARC CEO Succession Planning By David F. Larcker Brian Tayan CGRI Quick Guide Series 2020 Accounting Corporate Governance Download The board of directors is responsible for ensuring that correct management is in place to run the organization. This includes hiring, evaluating, and — when circumstances merit — removing or replacing the chief executive officer. This Quick Guide reviews the process by which the board carries out this function. It provides answers to the questions: How are qualified CEOs identified? What skills and experiences are needed? Are “inside” CEOs better than “outsiders”? How do boards plan for succession? What models or approaches do they use?