MHA 702 Chapter 10-12 questions & answers
correct 100% (updated)
1. A key difference between succession and career
True
plan- ning is the number of individuals involved in
the future plan.
2. Succession planning is only useful for CEO positions.False
3. Experts recommend that succession planning True
should begin four years before a CEO is
expected to step down.
4. Grooming an internal person to take over has False
tradi- tionally been considered a key element of
not-for-prof- it sector succession planning.
5. Organizations that hire a CEO from the outside
usually True require six to 12 months before
financial performance regains the level that
existed prior to the replacement.
6. Feedback loops in succession planning are optional. False
7. A successor should always be available, True
being groomed and ready to step in.
8. Succession planning should begin to identify False
a suc- cessor shortly before the potential
successor is set to take over to allow
opportunities for significant devel- opmental
assignments.
9. A clear exit strategy should be developed for an outgo- True
ing CEO.
10. Developing a succession plan requires time and
,MHA 702 Chapter 10-12 questions & answers
correct 100% (updated)
thought and is a daunting task. False
, MHA 702 Chapter 10-12 questions & answers
correct 100% (updated)
11. Which of the following is least accurate regarding suc-
Organizations without
cession planning? succession plans are
more likely to have
A. Where a successor is not immediately smoother leadership
apparent, uneasiness is intensified and may transitions.
negatively affect or- ganizational performance.
B. Organizations without succession plans are
essen- tially leaving the development of their
future leaders to chance.
C. Considerable time and effort may be
required for outside persons to understand
organizations.
D. Organizations without succession plans are
more likely to have smoother leadership
transitions.
12. Which of the following statements would be a surprise The
governing board and
instruction in succession planning? D.Any
agreements
A. CEO succession planning should be a board- or promises
driven, collaborative process. the board
makes must
B. Succession planning should be one of the be
governing board's two or three most communicate
important tasks. d to the
succeeding
C. The governing board and CEO should not board
discuss the process. leadership
correct 100% (updated)
1. A key difference between succession and career
True
plan- ning is the number of individuals involved in
the future plan.
2. Succession planning is only useful for CEO positions.False
3. Experts recommend that succession planning True
should begin four years before a CEO is
expected to step down.
4. Grooming an internal person to take over has False
tradi- tionally been considered a key element of
not-for-prof- it sector succession planning.
5. Organizations that hire a CEO from the outside
usually True require six to 12 months before
financial performance regains the level that
existed prior to the replacement.
6. Feedback loops in succession planning are optional. False
7. A successor should always be available, True
being groomed and ready to step in.
8. Succession planning should begin to identify False
a suc- cessor shortly before the potential
successor is set to take over to allow
opportunities for significant devel- opmental
assignments.
9. A clear exit strategy should be developed for an outgo- True
ing CEO.
10. Developing a succession plan requires time and
,MHA 702 Chapter 10-12 questions & answers
correct 100% (updated)
thought and is a daunting task. False
, MHA 702 Chapter 10-12 questions & answers
correct 100% (updated)
11. Which of the following is least accurate regarding suc-
Organizations without
cession planning? succession plans are
more likely to have
A. Where a successor is not immediately smoother leadership
apparent, uneasiness is intensified and may transitions.
negatively affect or- ganizational performance.
B. Organizations without succession plans are
essen- tially leaving the development of their
future leaders to chance.
C. Considerable time and effort may be
required for outside persons to understand
organizations.
D. Organizations without succession plans are
more likely to have smoother leadership
transitions.
12. Which of the following statements would be a surprise The
governing board and
instruction in succession planning? D.Any
agreements
A. CEO succession planning should be a board- or promises
driven, collaborative process. the board
makes must
B. Succession planning should be one of the be
governing board's two or three most communicate
important tasks. d to the
succeeding
C. The governing board and CEO should not board
discuss the process. leadership