How Boards Should Respond To Concerns About The Health Of CEOs

In this episode of the “Crisis Management Minute,” learn why it’s important for boards of directors to do and say something when they are worried about the mental or physical health of CEOs—and what they should say about those issues.

Episode Transcript

Speaker 1 (00:04):
When in how should boards of directors prepare and respond
to their concerns about the mental and physical health of
their CEOs. Welcome back to another Crisis Management Minute. I'm
Edward Siegel, author of Crisis Ahead and The Crisis Casebook.
I'm also a Leadership Strategies senior contributor for Forbes dot Com.

(00:26):
It can be challenging and disheartening for boards to have
to confront CEOs about their mental ability or physical health,
but the failure to act can create a crisis for
the organizations. When boards do act, they should express concern
and empathy for the CEOs and their families. Don't forget
to reassure stakeholders that the organization will continue to operate

(00:50):
with their best interests in mind. And be sure that
there are qualified people who are ready, willing and able
to fill unexpected leadership vacancies. That's it for this edition
of the Crisis Management Minute. Be sure to come back
next week for more advice on how to prepare for
and manage a crisis, or subscribe to The Crisis Management

(01:11):
Minute wherever you get your podcasts. Remember it's not a
matter of if your organization will have a crisis, but
when and the sooner you are prepared for it, the
better