Relationship with the successor

Increased success of one's successor should be matter of pride for any retired chairman

Having retired a quarter century ago from active management of business enterprises, but still active as an investor, mentoring the management of a few medium-sized business, I feel tempted to share some views on successor relationship. This is an issue every manager has to face as he moves up the ladder in any organisation. Your are always tempted to find out how your successor is doing in the job you have left and, more importantly, how the wider circle of managers in the company is comparing you with your successor, both in terms of conduct and performance. This is true