INTRODUCTION
This module is designed to equip participants with the knowledge and skills required to make strategic decisions on two key personnel matters: C-level succession planning and compensation.
Succession planning of key management positions is critical for the continuation of talent and leadership, and indeed of the company itself. However, it is not often well-practiced in most companies. This module highlights the need for a deliberate and systematic approach to succession planning and encouraging the individual advancement of company talent.
Compensation of executives has come under increasing scrutiny. Directors have a role in the review and approval of executive compensation plans. This module focuses on how effective compensation plans for top executives can be developed.