Succession Strategy Quotes

Succession planning has been a major priority at Southwest for quite some time. We think we have come up with a winning combination of talent for our company reorganization.

I mean, some people say, 'Oh, God, if [Jobs] got run over by a bus, Apple would be in trouble.' And, you know, I think it wouldn't be a party, but there are really capable people at Apple. My job is to make the whole executive team good enough to be successors, so that's what I try to do.

I think we're ready for succession. We just must try to do it right.

I'm trying to construct a world that maximises the probability that SpaceX continues its mission without me.

We have very strong succession plans across all group companies. But we do not comment on it. The retirement age is 60 years, but it does not apply to family professionals who work in the business.

One of the things we often miss in succession planning is that it should be gradual and thoughtful, with lots of sharing of information and knowledge and perspective, so that it's almost a non-event when it happens.

I don't believe in the coach-in-waiting thing. I don't think that works.

The industry has to learn how to do CEO succession well. If your definition of success is Intel or Microsoft or HP or IBM, that's not a good track record, and yet they are the most successful ones.

Fidelity does have a succession plan in place to ensure a smooth transition.

Well, I should like a plan that doesn’t result in the death of my heir. (Eli) Would a good maiming be considered over-the-top? (Varyk)