CEO Succession Planning: What Target Should Have Known

In any corporation, big changes are bound to happen — including the loss of leadership. To avoid chaos, you need to have a backup plan. Take Target, for example. The corporation continues to flounder with the departure of its CEO amidst a massive customer data breach and lackluster performance in Canada. Until a new leader is appointed, current Target executives are attempting to navigate the situation, but this plan (or lack thereof) will undoubtedly make it harder to drive focus and alignment across the organization.

In this latest LinkedIn article, Chris discusses the lessons you can learn from Target’s CEO stepping down and why it’s so important to have a succession plan.

Culture Change is a Complex Process

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Chris Cancialosi