Building on the CEO-successor selection process described in the box entitled “How Would You Do That? 1,” devise a succession plan for the dean of your business school. Be sure to include the following in your succession-planning process:

(a) Translate your school’s strategy into actual operating needs and key activities;

(b) identify the skills needed for these operating needs and activities;

(c) outline an internal and external candidate search process; and

(d) develop a list of goals and milestones and a compensation structure that ties actions to the strategic drivers of success at your school.