Mind the gap: Who’s next? ///

Around the time I was asked to contribute to this section, I had had two completely unrelated conversations with senior executives (one in the oil industry and one in banking), but, in both conversations, pretty much the same thing was said: “I am not sure exactly when I am going to finally retire, but it will not be so far off.” My question was, “who will replace you—is there a plan?” In both conversations, the answer was, “I have no idea, and it doesn't seem like there is a plan.” It didn't stop there. The thing is, they went on to say that they were supposed to be their bosses’ successors, so now they have even less of a clue about what is to be done.

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