Once upon a time, there was an enlightened organizational leader who spoke candidly about his upcoming retirement. “I am afraid about the next phase of my life” he would say, continuing “I’m not sure what my life is or will be without my job, without my career. How will I spend my time? How will I face the fact that I am replaceable, that the world can and will go on without me? How will I derive a sense of identity, power, agency and meaning once I am retired?” He would even add, “I married my spouse for better or for worse, for richer or for poorer, but not for lunch. How are we going to spend all that time together?”
"A CEO's Personality Can Undermine Succession Planning" is from hbr.org, published on September 15, 2016.