7 secrets to successful executive succession planning

What would happen if tomorrow, the CEO didn't exist? What would you do if he or she left, or somehow became incapacitated? Who would be the next person in line to fill the role? Under pressures of other priorities, most healthcare organizations find themselves without a plan for possible successors.

"Succession planning absolutely needs to be a priority for healthcare executives," Dr. Sanjay B. Saxena (pictured), vice president and partner of San Francisco-based global consulting firm Booz & Company, told FierceHealthcare. "There's a significant level of drop-off in talent and experience that exists below the senior team that's been in place. A lot of that is because healthcare executives have not consistently or uniformly taken the time to think proactively about who are the future leaders within their organizations."

Booz recommends the following seven tips to successful succession planning. Read more...