The Hero's Farewell

What Happens When CEOs Retire

Business & Finance, Management & Leadership, Leadership, Management
Cover of the book The Hero's Farewell by Jeffrey Sonnenfeld, Oxford University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jeffrey Sonnenfeld ISBN: 9780199839162
Publisher: Oxford University Press Publication: February 7, 1991
Imprint: Oxford University Press Language: English
Author: Jeffrey Sonnenfeld
ISBN: 9780199839162
Publisher: Oxford University Press
Publication: February 7, 1991
Imprint: Oxford University Press
Language: English

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 AT&T, 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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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 AT&T, 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.

More books from Oxford University Press

Cover of the book Doubting Vision by Jeffrey Sonnenfeld
Cover of the book Iris Murdoch, A Writer at War by Jeffrey Sonnenfeld
Cover of the book Introduction to American Deaf Culture by Jeffrey Sonnenfeld
Cover of the book The Volatility Machine by Jeffrey Sonnenfeld
Cover of the book Remade in China by Jeffrey Sonnenfeld
Cover of the book Neighborhood by Jeffrey Sonnenfeld
Cover of the book "To Everything There is a Season" by Jeffrey Sonnenfeld
Cover of the book The Definition of Anti-Semitism by Jeffrey Sonnenfeld
Cover of the book Sorry About That by Jeffrey Sonnenfeld
Cover of the book Out of Eden by Jeffrey Sonnenfeld
Cover of the book Benny Goodman's Famous 1938 Carnegie Hall Jazz Concert by Jeffrey Sonnenfeld
Cover of the book Rabbinic Tales of Destruction by Jeffrey Sonnenfeld
Cover of the book Immigration, Crime, and Justice: Oxford Bibliographies Online Research Guide by Jeffrey Sonnenfeld
Cover of the book Rethinking Reich by Jeffrey Sonnenfeld
Cover of the book The Sage and the People by Jeffrey Sonnenfeld
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy