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Article: Ready for the Other Millennium Bomb?
- Article from:
- Chief Executive (U.S.)
- Article date:
- July 1, 2000
- Author:
CopyrightCOPYRIGHT 2000 Chief Executive Magazine. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business managed the Y2K bug with some alacrity, but savvy CEOs must now prepare for the millennium's next big hurdle--the leading edge of a tectonic demographic shift.
FOR A CHIEF EXECUTIVE, few things are more Important than ensuring a successor is prepared and in place. While executive selection is an inexact science--a very human process that's inherently hit and miss, for much of the past century large organizations could at least depend upon a stable and abundant supply of promising candidates, swimming up the developmental ladder with the earnest intent of spawning salmon. Today's management fishery, however, is a resource that's within a decade of a ...