The Hero's Farewell: What Happens When CEOs Retire. Jeffrey Sonnenfeld

The Hero's Farewell: What Happens When CEOs Retire



Download The Hero's Farewell: What Happens When CEOs Retire



The Hero's Farewell: What Happens When CEOs Retire Jeffrey Sonnenfeld ebook pdf
Publisher:
Language: English
Page: 336
ISBN: 0195050916, 9780195050912

From Publishers Weekly

Little attention has been paid by the public to the crucial issue of corporate succession as the spotlight turns to a company's new chief executive while a departing one shuffles off. Sonnenfeld, an associate professor at the Harvard Business School, here outlines a typology of corporate succession that focuses on the departure styles of four different kinds of corporate leaders. He calls them: "Monarchs," who do not leave voluntarily; "Generals," who leave reluctantly and plot to return; "Ambassadors," who leave gracefuly and retain close ties to their old firms; and "Governors," who leave willingly to pursue new challenges. He probes the profound effects that each departure style has on the retiring CEO and the firm. Sonnenfeld illustrates his typology by describing the departures of some of America's greatest corporate leaders, including Edwin Land of Polaroid (a Monarch), William Paley of CBS (a General), Thomas Watson of IBM (an Ambassador), and Reginald Jones of GE (a Governor). The book is a useful analysis that illuminates a long-neglected area of management theory.
Copyright 1988 Reed Business Information, Inc.

Review

"A creative, innovative work--an act of leadership in itself."--James MacGregor Burns, Williams College

"An insightful and imaginative book exploring an important but hidden side of leadership....Sonnenfeld's in-depth account is a model analysis of how the human and strategic sides of business are connected."--Rosabeth Moss Kanter, Harvard Business School

"Fascinating....I'm sure the book will be a great success."--Alfred G. Goldstein, President, Sears Specialty Retailing

"A fine piece of work and beautiful writing. It's well-crafted, very solid in terms of theory, literature, and original data, and written with much heart."--Douglas T. Hall, Boston University

"Entertaining...full of intriguing and insightful tidbits....One of those rare business books that informs as well as engages."--Business Week



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