Succession Planning Quotes

There is no success without a successor.

Once you've built the big machinery of political power, remember you won't always be the one to run it.

Napoleon was indeed the man sent by God to help the youth of France! Who is to take his place?

The young have to kill the old. The young, if they want to achieve their own platform, have to diminish the reputations of the ones that have gone before. That's how life works.

I like having young assistants in my office; they have energy, and I spend time with them to make sure they understand what we're doing. By investing in them, I'm investing in the magazine. All over 'Vogue,' 'Teen Vogue,' and 'Men's Vogue,' there are people who have been through not only my office but also many other offices at 'Vogue.'

If I had a formula, I would have launched newcomers every year or maybe, every quarter.

Growing other leaders from the ranks isn't just the duty of the leader, it's an obligation.

I was born in 1957 as the second son of the late Sat Paul and Lalita Mittal. My father was a politician and, at one point of time, an MP. A gap of two years separates me from both my elder brother Rakesh and younger sibling Rajan.

No company should depend on one person no matter how that person is smart or genius, whether it's Apple or News Corp, or Citibank or any other company in the world.

Everywhere I've managed, I've left a platform for my successor to build on, and this is a great satisfaction for me, even if I don't necessarily get the recognition for it.

I live in the same town I grew up in and all my kids have worked for me and now, I have grandkids and now, it's amazing. They came through. They all played a part in my business and that's pretty amazing.

I could imagine at a certain age, when I have no vocal cords left, that I would find a young man who could sing my parts for me. But I don't see why I would stop.

A policy of knowing your replacement is one of the best ways to drive a growth culture. It anticipates and eliminates the most harmful politics in leadership for an expanding company and instantly sets the right tone for a high-talent, growth-mindset executive team.

The executive moves we are announcing today will strengthen American for the long-term future and reflect well on the depth of the Company's management team.

I am tired, I would like to rest, it’s time for the country to be ruled by younger leaders.

Three hundred men, who all know each other direct the economic destinies of the Continent and they look for successors among their friends and relations. This is not the place to examine the strange causes of this strange state of affairs which throws a ray of light on the obscurity of our social future.

Family business management is a discipline that has evolved from an art into a science. The market for this line of education has been created by the growing recognition of family-run companies that shareholders are demanding greater clarity on issues ranging from succession to the management of wealth and the distribution of profits.

If Bill Gates left Microsoft we wouldn't allow Donald Trump to run it.

I'm in a different position than most CEO's. I'm a founder. I'm not a hired CEO. Now, I can be fired by the board, but most CEO's are hired by the board.

The question Tony Blair should be reflecting on this weekend is having achieved this, having secured his place in the history of the Labour Party and the history of Britain, whether now might be a better time to let a new leader in who could then achieve the unity we need if we are going to go forward.

My job is to make the whole executive team good enough to be successors, so that's what I try to do.

The entire American concept of the 'family business' is put at risk by the death tax.

After four years as Administrator of the SBA, I have let President Obama know that I will not be staying for a second term. I will stay on until my successor is confirmed to ensure a smooth and seamless transition.

The highest manifestation of true leadership is to identify one’s replacement and to begin mentoring him or her.

I'm the ninth CEO of IBM. Every one of my predecessors has steered through a technological shift, and every one left the company in a better position than the person before them and prepared this company with a very strong balance sheet to allow it to continue to invest for the next shift.