Which of the following incorrectly describes the concept of executive succession planning?

A.
Predetermined steps protect the company if a senior executive leaves.

B.
Two or more senior staff cannot be exposed to a particular risk at the same time.

C.
It documents the assignment of deputy roles.

D.
It covers assigning a skeleton crew to resume operations after a disaster.

Explanation:
D: A skeleton crew consists of the employees who carry out the most critical functions following a disaster. They are put to work first during the recovery process. A skeleton crew is
not related to the concept of executive succession planning, which addresses the steps that will be taken to fill a senior executive role should that person retire, leave the company, or
die. The objective of a skeleton crew is to maintain critical operations, while the objective of executive succession planning is to protect the company by maintaining leadership roles.
A is incorrect because executive succession planning includes predetermined steps that protect the company if someone in a senior executive position retires, leaves the company,
or is killed. The loss of a senior executive could tear a hole in the company’s fabric, creating a leadership vacuum that must be filled quickly with the right individual. The line of
succession plan defines who would step in and assume responsibility for this role.
B is incorrect because the concept of two or more senior staff not being exposed to a particular risk at the same time is a policy that some larger organizations establish as part of
their executive succession planning efforts. The idea is to protect senior personnel and the organization if a disaster were to strike. For example, an organization may decide that the
CEO and president cannot travel on the same plane. If the plane went down and both individuals were killed, then the company could be in danger.
C is incorrect because executive succession planning can include the assignment of deputy roles. An organization may have a deputy CIO, deputy CFO, and deputy CEO ready to
take over the necessary tasks if the CIO, CFO, or CEO becomes unavailable. Executive succession planning is the decision to have these deputies step into the CIO, CFO, or CEO
roles.