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One telling test of a succession management system is the extent to which an organization can fill important positions with internal candidates.
Now 64, thoughts inevitably turn to his successor, with internal candidates likely to include Dominic Proctor, the head of WPP's media buying arm, Mindshare, and Shelly Lazarus, the chairman of Ogilvy & Mather.
Boards may be taking a harder line in negotiations with internal candidates for the top jobs in corporations, but those recruited from the outside are still extracting most of what they want in contract negotiations, Mr. Bachelder said.
Mr. Clark, who reaches the company's mandatory retirement age of 65 in March 2011, told analysts on the call that Merck was in "pretty good shape" with internal candidates to succeed him as chief executive.
So this leaves us with internal candidates mainly.
I lined up a few interviews with internal candidates and it didn't go so well.
Similar(52)
Donna Dorn, vice president of human resources, higher education, professional and international business, says, "We encourage our managers to do substantive interviews with all internal candidates". Donna's colleague, Maryellen Valaitis, vice president of human resources, school education, emphasizes that selecting a job candidate is often the most critical decision a manager can make.
Speculation has begun as to who will replace him in December, with leading internal candidates including Today hosts Mishal Husain and Nick Robinson, as well as Newsnight's Emily Maitlis and Kirsty Wark.
The tricky part of it all is communication, particularly with the internal candidates.
There are any number of potential replacements for his role, with some internal candidates that would make sense.
Ultimately, a good succession planning process creates a leadership pipeline filled with viable internal candidates who can overcome the commonplace presumption that a company's own people aren't good enough.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com