CEO succession is more critical today than ever before as the global business environment now demands far greater leadership and governance from a company's board of directors, its CEO, and its executive team. Yet, over the past several years, we have witnessed a growing number of CEOs failing early in their terms, and in many instances, with devastating consequences to their companies and stockholders. There are a number of reasons for such a high failure rate in leadership, although the one cause common to almost every failed leadership transition is the lack of ownership of the CEO…mehr
CEO succession is more critical today than ever before as the global business environment now demands far greater leadership and governance from a company's board of directors, its CEO, and its executive team. Yet, over the past several years, we have witnessed a growing number of CEOs failing early in their terms, and in many instances, with devastating consequences to their companies and stockholders. There are a number of reasons for such a high failure rate in leadership, although the one cause common to almost every failed leadership transition is the lack of ownership of the CEO succession process. RHR, which as a firm is comprised entirely of consulting psychologists, understands the unrevealed realities of human behavior and motivation, such as factors of ego, role-relationships, power, and human dynamics associated with relinquishing leadership, preparing successors, and ceding power and authority to other people. These often-overlooked phenomena create undetected problems in the succession process and ultimately cause many CEOs to fail early in their tenures. To be effective, CEO succession requires a well-defined course of action that ensures a supply of highly capable candidates are ready to assume the chief executive position whether through an unexpected event or a planned transition. Inside CEO Succession is offered to help boards comprehensively manage that process and effectively sustain their company's success. Dr. Thomas J. Saporito, CEO of RHR International, and Dr. Paul Winum, senior partner of RHR International, have authored a seminal work that expertly combines years of business practice with a deep comprehension of human and organizational behavior and motivation, making Inside CEO Succession a highly informed work that blends business acumen and psychological insight.Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Dr. Thomas J. Saporito (Chicago) Ed.D., is chairman and CEO of RHR International. Widely recognized as an expert in CEO succession, he has specialized over the past 30 years in consulting with CEOs, boards of directors, and senior management on succession planning and top management leadership. He works closely with chief executives and senior management on accelerating business strategies by strengthening individual leadership and team-based performance. A former member of the NACD Blue Ribbon Commission on CEO Succession, his career has taken him throughout the United States, Europe, and Asia. Dr. Paul C. Winum (Atlanta, GA) Ph.D., is a senior partner with RHR International and serves as global practice leader-CEO Succession. He is a regular contributor to articles published in the Wall Street Journal, Fortune, and Forbes. In 2007, he was awarded specialty board certification in Organizational and Business Consulting Psychology by the American Board of Professional Psychology and was elected as a Fellow of the American Psychological Association.
Inhaltsangabe
Acknowledgments xiii Foreword: Douglas R. Conant, former CEO of Campbell Soup Company xv Introduction 1 Part I: Why CEO Succession Is More Critical than Ever 5 Chapter 1: From Checkers to 3-D Chess 7 Chapter 2: Success or Failure-The Cause and Cost 21 Chapter 3: Whose Job Is It, Anyway? 39 Chapter 4: RHR's Essential Point of View 55 Part II: The 10 Key Dimensions of Effective Succession 71 Chapter 5: Establish Board Ownership, Involvement, and Oversight 73 Chapter 6: Set Succession Time Frames 89 Chapter 7: Prepare for Emergencies 105 Chapter 8: Align on Strategy and Profile 119 Chapter 9: Build the Talent Pipeline 131 Chapter 10: Source External Talent and Manage Search Firms 145 Chapter 11: Select the CEO 157 Chapter 12: Proactively Manage the Transition 169 Chapter 13: Measure Performance and Improve Process 187 Chapter 14: Manage the Dynamics in CEO Succession 197 Epilogue: Perspectives on the Future 205 Appendix: Ten Questions a Director Should Ask 213 About RHR International 219 References 221 Index 229
Acknowledgments xiii Foreword: Douglas R. Conant, former CEO of Campbell Soup Company xv Introduction 1 Part I: Why CEO Succession Is More Critical than Ever 5 Chapter 1: From Checkers to 3-D Chess 7 Chapter 2: Success or Failure-The Cause and Cost 21 Chapter 3: Whose Job Is It, Anyway? 39 Chapter 4: RHR's Essential Point of View 55 Part II: The 10 Key Dimensions of Effective Succession 71 Chapter 5: Establish Board Ownership, Involvement, and Oversight 73 Chapter 6: Set Succession Time Frames 89 Chapter 7: Prepare for Emergencies 105 Chapter 8: Align on Strategy and Profile 119 Chapter 9: Build the Talent Pipeline 131 Chapter 10: Source External Talent and Manage Search Firms 145 Chapter 11: Select the CEO 157 Chapter 12: Proactively Manage the Transition 169 Chapter 13: Measure Performance and Improve Process 187 Chapter 14: Manage the Dynamics in CEO Succession 197 Epilogue: Perspectives on the Future 205 Appendix: Ten Questions a Director Should Ask 213 About RHR International 219 References 221 Index 229
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