CEO Succession - Planning for Success: Rich Floersch, Retired CHRO of McDonald’s Corporation & Susan Madonia, Partner at Executive Coaching Connections (aka ECC)

Summary of Vlog Post by Emma Lokar, CHRO Partners Intern, Graduating May 2020

If you do not have time to watch the video blog, please click HERE to download the PDF transcript for your reading pleasure!

Did you know that three out of five companies are without a comprehensive succession plan and 75% are without a CEO successor!

If you're ready to feel confident about your organization's succession plan, join me to hear advice from Rich Floersch, former CHRO for McDonald’s Corporation and Susan Madonia, Partner of Executive Coaching Connections. In this interview you will learn:

•    How Rich navigated four separate CEO successions at McDonald’s and his high impact succession planning advice for CHRO and talent leaders who are putting a plan in place or revisiting their plan.

•    How vital it is to have strong talent management; invest in leadership development and what message you’re sending to all employees in your organization when there’s lack of succession at the top.

•    Actions CHRO’s who don’t have the experience with boards can take to feel confident about their plan even if they haven’t been through this process and a bonus CHRO white paper including current CHRO trends, tenure, and mentors.  


If you do not have time to watch the video blog, please click HERE to download the PDF transcript for your reading pleasure!

    Enjoy!

    Cindy Lu
    Founder BigHR Event, HR Masterminds, and Virtual HR Circle

P.S.  If you are leading in challenging times, and crave the (virtual) company of a group of HR leaders, join us in the HR Circle Group each month for live video discussions to solve your most pressing issues and learn from other HR leaders like you. To learn more:

https://www.chropartners.com/HRCircle19