Category Archives: Severance Packages

NFL lessons for the C-Suite on succession planning, Exhibit 1: Tony Romo

Dallas Cowboys owner Jerry Jones has himself in an ideal succession situation. He waited to draft the perfect candidate – Dak Prescott. He and can now let potential future star quarterback Prescott learn while aging star Tony Romo still has the ball. Boards and C-Suite folks should think like Jones: Keep your stars in place, but keep an eye on the future of the company. Continue reading

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Former BBC Head’s Payout Adds to Network’s PR Woes

George Entwistle, the BBC’s former director general , resigned under fire recently over a two-pronged scandal involving the network’s handling of child abuse charges. The circumstances of the case are disturbing enough,but the BBC Trust, the broadcaster’s governing body, made it worse by giving Entwistle an overly generous payout when he left. That’s a blatant violation of Ahmad’s First Rule of Resigning Under Fire: Don’t let your severance package cause more troubles for you or your former employer.

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