Binding: Hardcover Format: Bargain Price Label: Oxford University Press, USA Manufacturer: Oxford University Press, USA Number Of Items: 1 Number Of Pages: 205 Publication Date: May 15, 2000 Publisher: Oxford University Press, USA Sales Rank: 2383064 Studio: Oxford University Press, USA
Product DescriptionWhether precipitated by sudden tragedy, CEO performance issues, or a key executive simply going elsewhere or retiring, succession planning has become a front-burner issue in corporate boardrooms across the country. For board members, CEOs, and anyone concerned about the quality of governance in corporate America, CEO Succession fills the need for a practical, best-practices roadmap that puts the board of directors squarely at the helm as the guiding force for ensuring the steady flow of effective leadership. Authors Carey and Ogden draw on personal interviews and their own behind-the-scenes work with the CEOs and directors of some of the leading companies in the world to articulate the field-tested strategies and techniques boards need to create a systematic and transparent planning process that promotes a seamless transition of leadership at every level in the organization. With an up-close look at such companies as Metropolitan Life, Hewlett-Packard, Mellon Bank, and GTE, CEO Succession shows how to put in place the key elements essential in the succession planning process: establish and sustain a reliable succession agenda and timetable; implement a self-renewing succession culture that develops leaders at all levels of management; create a healthy relationship between the Board and CEO that keeps the CEO on track; and benchmark internal candidates for CEO and other top posts with comparable outside leaders. With practical guidelines and experienced advice from leading consultants in this field, CEO Succession offers a long overdue antidote to what stakeholders, Wall Street, and the media have decried as a lack of board leadership in carrying out its fundamental fiduciary responsibility: ensuring the steady flow of effective leadership in Corporate America.
Customer Reviews
Average Rating:
Rating: - Packed With Knowledge!
Authors Dennis C. Carey and Dayton Ogden present a thorough, insightful guide to choosing a new Chief Executive Officer in this nicely written, concise book. Offering plenty of inside information and real-life corporate examples, the authors explore their ideas without resorting to fluff or to the dry, dull prose that often fills such books. Given their experience helping corporations choose CEOs and other executives, the authors know what they're talking about and understand the tricky issues involved ... Read More
Rating: - Leaders should follow the guidance in this book.
An invaluable guide to this very difficult problem. Ogden, perhaps the world's leading expert in this field, makes a compelling case for deliberate long term planning, tailored to an enterprise's specific needs. His laserlike focus and penetrating analysis seem like a hidden national treasure.
Corporate titans and politicians who would like to be statesmen ought to read this book and heed the lessons offered.
Rating: - Long Live the King! The King Is Dead! Long Live the King!
Shareholders naturally assume that boards have succession for the CEO and other top executives all figured out. WRONG! A well kept secret is that many CEOs try to stall in this area, as a way to make themselves more secure.
Even the companies that work in this area can be unprepared. A young CEO may suddenly jump to another company (as Ray Gilmartin did from Becton Dickinson to Merck), die unexpectedly of a heart attack (as Jerry Junkins did at Texas Instruments), or fail to perform to ... Read More
Rating: - An important book for investors, advisors and leaders.
CEO Succession is a landmark book for anyone thinking seriously about the future of an organization.
When considering the challenge of extending the benefits of a strong Founder or CEO to a future without that individual, CEO succession is an indispensable book.
Articulating enduring principles and practices of succession in a highly engaging tone, Ogden and Carey clearly illustrate why organizations must plan for an uncertain tomorrow.
Rating: - Insightful book for all of our life transitions
While this charmingly written book is obviously written for CEOs and Boards of Directors, I found it to be highly relevant to other phases of life from high school graduation to being promoted.
It is always difficult to plan for the future and planning for the future of leadership is especially difficult.
From the best practices of business icons we can all learn a great deal about how to built a more lasting business, club, or school in addition to finding a happy approach to leaving ... Read More
- Packed With Knowledge!
- Leaders should follow the guidance in this book.
- Long Live the King! The King Is Dead! Long Live the King!
