TITLE

Internal Successors

AUTHOR(S)
Goldsmith, Marshall
PUB. DATE
August 2009
SOURCE
Leadership Excellence Essentials;Aug2009, Vol. 26 Issue 8, p15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers advice on internal executive succession planning. Several disadvantages posed by hiring external chief executive officers (CEOs) are mentioned, including the effect on employees when the CEO fails and failure to understand the internal processes of the company and industry. In order to achieve a more effective succession, outcomes should be measured and not the process, businesses should stay realistic and the succession process should be kept simple.
ACCESSION #
43678686

 

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