When reading the business press, it seems that leaders are regularly challenged by ethical dilemmas. Is this a function of the individual leader or the situation, or both?

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 schools 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.