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SW
When Boards Get It Wrong: The True Cost of CEO Mishires
['Shawn Cole', 'Executive Leadership Expert']
CEOWORLD magazine
Nestlé’s Leadership CrisisNestlé’s recent leadership turmoil has placed the company under intense scrutiny, particularly from concerned investors.
The Ripple Effect of a MishireThe board’s reaction did not stop with the CEO change.
The Real Cost of Getting It WrongNestlé’s scandal reminds boards of a vital truth: hiring a CEO is one of the most consequential decisions you’ll make.
It illustrates how boards must treat CEO selection and succession planning not as routine HR matters, but as a strategy central to corporate health.
Directors who ignore this will risk more poor financial reports; they risk losing investor confidence, access to additional capital, and even their own legitimacy.
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