How Compensation Decisions Support CEO Succession

Shareholder value is no longer everything. The 2019 Business Roundtable redefined the prevailing view of the modern corporation: companies must also deliver value to employees, customers, communities, and society.

For years, companies have been moving to treat employees as one of their most critical assets. The pandemic and social protests have only intensified this trend — human capital management (HCM) is now a front-and-center issue. With long-term success increasingly depending on attracting, retaining, and engaging talented people, HCM has become a concern not just for senior executives, but also for the board of directors.

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