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Presenter: Gonzalo Cajade, Vice President, Talent & Diversity, Otis Elevator
Succession planning for the C-suite can be an inspirational and aspirational process. Otis Elevator is in the process of becoming an independent publicly-traded company as they spin-off from United Technologies. One of the key areas that they are working on is succession planning and specifically presenting those plans to the Board of Directors.
Succession planning for the C-suite can be an inspirational and aspirational process. I am kindly requesting that the Board come together in a BPI facilitated online session to share best practices in the best practices in how to build best-in-class succession plans and present them to the Board of Directors.
**As a result our participation in the session, BPI will provide us with an executive summary of our collective best practices.**
Your knowledge and experience are requested around the process of talking to your Board of Directors around succession planning, specifically addressing the following questions:
* Do you involve the full board or just specific committees when it comes to succession planning?
* What is the frequency of these meetings/presentations?
* What is the level of information you present?
* What succession planning tools do you use?