Musings about Leadership, Decision Making, and Competitive Strategy
Tuesday, February 23, 2010
Board Mentors at Frontier
The Wall Street Journal had a thought-provoking article yesterday about succession planning at Frontier Communications. At that firm, CEO Maggie Wilderotter has asked her Board members to serve as mentors to key executives who appear to be her potential successors. The rather novel process has some clear benefits for a firm as it plans succession, though it certainly takes a certain breed of CEO to be willing to adopt this approach.