Succession Planning

Succession is a pivotal event that shapes your organization’s future. At TMG, we recognize the gravity of succession planning as an essential component of risk management and an opportunity to develop future leaders.

With growing expectations from shareholders, board observers, and regulators, perfecting succession is crucial for organizational resilience and success.

Strategic Succession Planning

We’ve spent decades guiding global organizations through complex succession events and understand that no two succession scenarios are the same.

Each succession is a strategic, multi-faceted initiative that impacts every leader within the organization. By carefully crafting each succession plan, we ensure your candidate is the right leader for the specific context and time.

We approach succession in two phases, enabling your organization to build optionality beyond the succession event.

• Outside the event: We develop forward-looking Key Success Criteria, create an up-to-date emergency succession plan, and assess and develop potential internal candidates.
• Inside the event: When a succession is imminent, we evaluate risks (including assessing external candidates) and help to develop a transition strategy and onboard the executive into the new role.

This approach maintains continuity, upholds values, and drives the organization’s strategic vision forward, ensuring a seamless leadership transition that safeguards the company’s legacy and future.

Independent and Comprehensive Guidance 

Whether it’s developing a long-term plan for preparing internal candidates or advising during a succession crisis, our approach manages and aligns all key stakeholders — from potential candidates to board members. We do not conduct searches or partner with search firms, ensuring our focus is solely on what’s best for your organization.

With TMG, succession planning is transformed from a procedural necessity to a strategic opportunity to reinforce and renew your leadership.

Services: 

• Building the Criteria
• Internal / External Candidate Assessments
• Coaching and Development
• Board Advisory
• General Advisory (CEO and CHRO)