Prime Ministerial Succession Planning in Canada

Politics News

Prime Ministerial Succession Planning in Canada
CANADAPOLITICSSUCCESSION PLANNING
  • 📰 globebusiness
  • ⏱ Reading Time:
  • 77 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 66%

This article examines the lack of succession planning in Canadian politics and contrasts it with the corporate world. It highlights the historical examples of William Lyon Mackenzie King and Lester Pearson, who successfully facilitated orderly transitions of power, and explores the benefits of identifying and nurturing potential successors.

Stephen Azzi is a professor of political management, history and political science at Carleton University. With Patrice Dutil, he is co-editor of the forthcoming book.In Canadian history, it’s a rare occurrence: a prime minister steps down at a time of his choosing, handing the reins of government to a successor within the same party, who then leads the party to victory in the next general election.

This has happened only twice – under prime ministers William Lyon Mackenzie King and Lester Pearson. Yet their examples of orderly succession have been largely ignored by subsequent prime ministers. Few leaders, whether in business or in politics, are eager to plan their own exits. In the corporate world, independent boards often force CEOs to engage in succession planning to ensure the corporation’s long-term success. But in Canadian politics, no such external body exists to force prime ministers to.As a result, most prime ministers are like heavyweight boxers. They keep fighting until they are knocked out or they realize a knockout is imminent. Then they step down, leaving their parties in disarray. Succession planning does not mean that prime ministers should handpick their replacements. That’s not their prerogative. Instead, it requires them to identify and nurture a pool of potential successors, provide them with experience, and then step aside, leaving sufficient time for the successor to establish a government and present a fresh face to the electorate. King offers a textbook example of this approach. His diary reveals that he was constantly thinking about succession years before he left office. He recruited talented individuals from outside Parliament to strengthen his government, even if it frustrated backbenchers who were hoping for a promotion. In 1942, King recruited Louis St. Laurent – a prominent Quebec City lawyer with no political background – into his cabinet as minister of justic

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globebusiness /  🏆 31. in CA

CANADA POLITICS SUCCESSION PLANNING PRIME MINISTER LEADERSHIP

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Family Business Succession Planning: Lessons Learned and Urgent NeedFamily Business Succession Planning: Lessons Learned and Urgent NeedThis article highlights the importance of succession planning in family businesses, using the example of Michael Scrivens and his insurance company. It contrasts his proactive approach with the statistics showing that most business owners haven't yet developed a plan. The article emphasizes the potential consequences of neglecting succession planning, including financial losses and family conflict.
Read more »

Billionaire Lutfy’s Dynamite IPO Was a Matter of SuccessionBillionaire Lutfy’s Dynamite IPO Was a Matter of SuccessionThe retail entrepreneur behind fast-fashion chain Groupe Dynamite Inc. says he decided to take the company public after exploring talks with private equity groups and determining they weren’t the right fit.
Read more »

The Daily Chase: A Dynamite succession planThe Daily Chase: A Dynamite succession planHere are five things you need to know this morning.
Read more »

Activist Investor Browning West Takes Stake in CAE, Eyeing CEO SuccessionActivist Investor Browning West Takes Stake in CAE, Eyeing CEO SuccessionBrowning West, an activist investor, has acquired a 4.3% stake in CAE Inc., a Montreal-based pilot training company, and is seeking a formal role in the succession planning for long-time CEO Marc Parent. The move is seen as a positive by equity analysts who believe Browning West's involvement will de-risk the executive selection process.
Read more »

Canadian horses’ suffering continues beyond anniversary of ministerial mandate letterCanadian horses’ suffering continues beyond anniversary of ministerial mandate letterThe Hill Times
Read more »

Activist Browning West Takes 4% CAE Stake to Sway CEO SuccessionActivist Browning West Takes 4% CAE Stake to Sway CEO SuccessionInvestment firm Browning West LP has built a 4.3% interest in Quebec-based flight simulator company CAE Inc. and wants a say in picking its next chief executive officer.
Read more »



Render Time: 2025-02-15 17:06:19