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FINDING SOMEONE TO STEP INTO YOUR SHOES

Personal Finance

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February 2023

The Eskom crisis demonstrates again the importance of proper succession planning—loDSA

- PARMI NATESAN

FINDING SOMEONE TO STEP INTO YOUR SHOES

THE CURRENT crisis at Eskom has a number of governance lessons for South Africa-one of which is the vital importance of proper succession planning for key senior positions.

The imminent departure of both the chief executive (CEO) and chief operating officers (COO) of Eskom in the next few months, with no obvious successors being communicated, raises concerns. Now is really not the time for the two top positions-and many other senior management ones-to be vacant.

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