Objective, timely, and transparent CEO succession procedures are extremely critical for a company to achieve sustainable growth and increase corporate value over the mid-to-long-term. The revision of Corporate Governance Code in 2018 explicitly demands that “the board should proactively engage in the development and implementation of a succession plan for the CEO and other top executives and appropriately oversee the systematic development of succession candidates, deploying sufficient time and resources.”
The CEO of our firm, as the leading pioneer of CEO succession planning in Japan, has a proven track record of advising succession planning, and assessment and development of candidates. Leveraging these experiences, our consultants have been assessing CEO candidates. Through executive coaching services, we support CEO candidates to enhance their readiness to assume CEO positions in addition to newly-nominated CEOs to adapt to their new responsibilities.