Description: Synopsis: How a business replaces its chief executive is a vital issue for a firm's future. Illustrated with case histories taken from corporate boardrooms and fresh conceptual perspectives, this book describes the factors that affect executive succession.How a business replaces its chief executive often determines that firm's future. If a business does not effectively manage the transfer of power, utter turmoil can result, with profound implications not only for the CEO, but also for the other employees, the shareholders, and the community at large. Filled with inside stories from corporate boardrooms and fresh conceptual perspectives, The Hero's Farewell describes in rich detail the factors that affect executive succession. Jeffrey Sonnenfeld offers the first close examination of the critical role a CEO's departure style plays in helping, or hindering, the transfer of power. Through candid interviews with fifty prominent retired chief executives from corporations such as ATandT, Ford, Dupont, United Technologies, and Raytheon (David Rockefeller of Chase Manhattan and Thomas J. Watson, Jr. of IBM among them) and a survey of an additional three hundred top managers, Sonnenfeld identifies the four major types of leadership departure styles. These types include Monarchs, who choose not to leave voluntarily but either die in office or are overthrown; Generals, who leave reluctantly and spend their retirement planning a comeback; Ambassadors, who retain close ties with their former firms; and Governors, who willingly serve a limited time and leave to pursue new interests. Capturing the human drama of these departures and succession battles, The Hero's Farewell will fascinate anyone intrigued by power struggles in large corporations. Outlining ways to smooth out the inevitable transfers of power that corporations must face, Sonnenfeld presents essential information for all top executives and especially for CEOs.ISBN#: 0-19-505091AuthorJeffrey Sonnenfeld (Harvard Business School)Number Of Pages324 pages, plus Preface and Table of ContentsFormatHardbackPublication Date: 1988LanguageEnglishPublisher:Oxford University PressAdditional DetailsIllustratedYesDimensionsWeight17.3 OzHeight0.9 In.Width5.5 In.Length8.6 In. Payment: Paypal only.
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Location: Columbus, Ohio
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Item Specifics
All returns accepted: ReturnsNotAccepted
Product Type: Trade Book
Subject: Business & Economics
Country/Region of Manufacture: United States
Special Attributes: Dust Jacket (Excellent Condition)
Educational Level: Academic
Book Title: Hero's Farewell : What Happens When Ceos Retire
Item Length: 9.5in.
Item Height: 1.2in.
Item Width: 6.4in.
Author: Jeffrey Sonnenfeld
Format: Hardcover
Language: English
Topic: Corporate Governance, General
Publisher: Oxford University Press, Incorporated
Publication Year: 1988
Genre: Business & Economics
Item Weight: 25 oz
Number of Pages: 336 Pages
