{"id":1417,"date":"2014-07-08T09:39:51","date_gmt":"2014-07-08T14:39:51","guid":{"rendered":"http:\/\/sanfordrose.wpengine.com\/portlandmaine\/robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business\/"},"modified":"2014-07-08T09:39:51","modified_gmt":"2014-07-08T14:39:51","slug":"robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business","status":"publish","type":"post","link":"https:\/\/sanfordrose.com\/shapirosearch\/robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business\/","title":{"rendered":"Robin Toft, President and CEO of Sanford Rose Associates\u00ae – Toft Group, Featured in Advisen Risk Network, No CEO Succession Plan a Risky Way to Run a Business"},"content":{"rendered":"

FOR IMMEDIATE RELEASE:<\/p>\n

Robin Toft, President and CEO of Sanford Rose Associates\u00ae – Toft Group, Featured in Advisen Risk Network, No CEO Succession Plan a Risky Way to Run a Business<\/strong><\/p>\n

Dallas, TX 7\/8\/2014
\nBy Patricia O’Connell<\/p>\n

CEO succession planning may be the corporate equivalent of eating healthier: Everybody knows they ought to be doing it and swears they will\u2014but then they don\u2019t. A recent survey by global executive search firm InterSearch Worldwide revealed only 45 percent of executives from 34 countries say their companies have a process for CEO succession planning. Lack of a succession planning process leaves a company vulnerable on numerous fronts when a CEO leaves. Witness the turmoil at American Apparel, now looking to use a \u201cpoison pill\u201d to prevent ousted CEO\/founder Dov Charney from upping his stake in the company, or the fact that retailer Target has been helmed by an interim CEO since the May departure of former CEO Gregg Steinhafel in the wake of the company\u2019s stunning data breach problem and its failure to ignite in Canada.<\/p>\n

A leadership vacuum\u2014or even the possibility of it\u2014makes investors nervous because they recognize it will mean distraction from the company\u2019s strategic focus, and a disjointedness. The pressure is on companies to move quickly because business changes more quickly now than it used to. Companies run the risk of not being able to execute on the strategy because of both the distraction and the possibility of losing other key talent, according to Robin Toft, President and CEO of Sanford Rose Associates – Toft Group<\/a>, who recruits CEOs and board members.<\/p>\n

Read more: http:\/\/www.advisenrisknetwork.com\/2014\/07\/03\/ceo-succession-plan-risky-way-run-business\/ <\/a>(Requires login)<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

FOR IMMEDIATE RELEASE: Robin Toft, President and CEO of Sanford Rose Associates\u00ae – Toft Group, Featured in Advisen Risk Network, No CEO Succession Plan a Risky Way to Run a Business Dallas, TX 7\/8\/2014 By Patricia O’Connell CEO succession planning may be the corporate equivalent of eating healthier: Everybody knows they ought to be doing it and swears they will\u2014but then they don\u2019t. A recent survey by global executive search firm InterSearch Worldwide revealed only 45 percent of executives from 34 countries say their companies have a process for CEO succession planning. Lack of a succession planning process leaves a company vulnerable on numerous fronts when a CEO leaves. Witness the turmoil at American Apparel, now looking to use a \u201cpoison pill\u201d to prevent ousted CEO\/founder Dov Charney from upping his stake in the company, or the fact that retailer Target has been helmed by an interim CEO since the May departure of former CEO Gregg Steinhafel in the wake of the company\u2019s stunning data breach problem and its failure to ignite in Canada. A leadership vacuum\u2014or even the possibility of it\u2014makes investors nervous because they recognize it will mean distraction from the company\u2019s strategic focus, and a disjointedness. The pressure is on companies to move quickly because business changes more quickly now than it used to. Companies run the risk of not being able to execute on the strategy because of both the distraction and the possibility of losing other key talent, according to Robin Toft, President and CEO of Sanford Rose Associates – Toft Group, who recruits CEOs and board members. Read more: http:\/\/www.advisenrisknetwork.com\/2014\/07\/03\/ceo-succession-plan-risky-way-run-business\/ (Requires login)  <\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[269,270,271,32,272,281],"class_list":["post-1417","post","type-post","status-publish","format-standard","hentry","category-sra-news","tag-biotechnology-recruiter","tag-life-sciences-recruiter","tag-pharmaceutical-recruiter","tag-robin-toft","tag-robin-toft-of-the-toft-group","tag-robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group"],"yoast_head":"\nRobin Toft, President and CEO of Sanford Rose Associates\u00ae - Toft Group, Featured in Advisen Risk Network, No CEO Succession Plan a Risky Way to Run a Business<\/title>\n<meta name=\"description\" content=\"CEO succession planning may be the corporate equivalent of eating healthier: Everybody knows they ought to be doing it and swears they will\u2014but then...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sanfordrose.com\/shapirosearch\/robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sanford Rose Associates\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/sanfordrose.com\\\/shapirosearch\\\/robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sanfordrose.com\\\/shapirosearch\\\/robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business\\\/\"},\"author\":{\"name\":\"Sanford Rose Associates\",\"@id\":\"https:\\\/\\\/sanfordrose.com\\\/shapirosearch\\\/#\\\/schema\\\/person\\\/e9bae55b203487fb69cc3d521503341d\"},\"headline\":\"Robin Toft, President and CEO of Sanford Rose Associates\u00ae – Toft Group, Featured in Advisen Risk Network, No CEO Succession Plan a Risky Way to Run a Business\",\"datePublished\":\"2014-07-08T14:39:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/sanfordrose.com\\\/shapirosearch\\\/robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business\\\/\"},\"wordCount\":305,\"commentCount\":0,\"keywords\":[\"biotechnology recruiter\",\"life sciences recruiter\",\"pharmaceutical recruiter\",\"Robin Toft\",\"Robin Toft of The Toft Group\",\"Robin Toft President and CEO of Sanford Rose Associates -Toft Group\"],\"articleSection\":[\"SRA News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/sanfordrose.com\\\/shapirosearch\\\/robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sanfordrose.com\\\/shapirosearch\\\/robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business\\\/\",\"url\":\"https:\\\/\\\/sanfordrose.com\\\/shapirosearch\\\/robin-toft-president-and-ceo-of-sanford-rose-associates-toft-group-featured-in-advisen-risk-network-no-ceo-succession-plan-a-risky-way-to-run-a-business\\\/\",\"name\":\"Robin Toft, President and CEO of Sanford Rose Associates\u00ae - 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