 | The CEO Within: Why Inside Outsiders Are the Key to Succession Planning |
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Product Description
With rising CEO turnover, companies are increasingly looking outside for qualified candidates. Sure, externally recruited CEOs bring fresh perspectives and connections. But they lack the in-depth knowledge of the company s culture and history that they need to succeed. Result? Many deliver disappointing performances.
Companies can avoid this scenario, contends Joseph Bower in The CEO Within. Drawing on a decade s research (including interviews with leading CEOs) and experience managing the succession process, Bower explains how companies can develop a cohort of internal candidates one of whom may be suited to the increasingly demanding CEO role. The key? Groom inside-outsiders. These leaders view their role through the lens of someone who just bought the company unencumbered by the cognitive and emotional baggage that comes from a long tenure in the organization. But they also leverage the knowledge they ve accumulated about the company s people, suppliers and customers, and future direction.
Placed squarely at the intersection of succession planning and leadership development, this book describes the distinguishing attributes of the inside-outsider and reveals how to recruit, nurture, and promote this special type of leader. With a healthy supply of qualified internal candidates, companies get the leadership they need when they need it.
Product Details
- Amazon Sales Rank: #830031 in Books
- Published on: 2007-11-13
- Released on: 2007-11-13
- Original language: English
- Number of items: 1
- Dimensions: .96" h x 6.36" w x 9.62" l, 1.23 pounds
- Binding: Hardcover
- 272 pages
Features
- ISBN13: 9781422104613
- Condition: New
- Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback.
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Review
The CEO Within is a breakthrough in CEO succession. Bower stands tall in producing research-based management concepts for practitioners. --Ram Charan, CEO advisor and co-author of the bestselling Execution
...the best leaders are people from inside the company who somehow have maintained enough detachment from the local traditions, ideology and shibboleths that they have retained the objectivity of an outsider. --Forbes, December 11, 2007
The process of CEO succession is a critical part of the way you run a company, not something separate... --CNNMoney.com, February 15, 2008
About the Author
Joseph L. Bower is Professor of Business Administration at Harvard Business School. He currently serves as Chair of the Corporate Leader program at Harvard Business School and is on the Board of Directors of several corporations.
Most helpful customer reviews
4 of 5 people found the following review helpful.
By Rolf Dobelli
Major companies constantly make decisions that carry enormous consequences: how and where to invest their money, what new product or service to introduce, and which market to retreat from or penetrate. But Joseph L. Bower, a Harvard Business School faculty member for more than 40 years, believes that selecting the right CEO is a company's most important decision. So why, he wonders, do so many organizations select the wrong person? In this intelligent, well-written and insightful book on corporate leadership, Bower examines the CEO succession process and postulates that maybe the old-boy network isn't so terrific after all. He says smart corporations hand the ball off to "Inside Outsiders," executives within the company who know how to play the game but aren't afraid to try some trick plays. Bower's inside-outsider poster child is Jack Welch, the engineer who became General Electric's amazingly successful CEO. Whether your company's CEO is about to retire or has just been installed, we strongly recommend this interesting, instructive book. After all, you don't want to wind up on the outside looking in.
0 of 0 people found the following review helpful.
By Bo
The CEO within is one of the best business books I have ever read. If you are a chairman, you need think about succession and how to make the most value out of a CEO leaving. As a person in a company, aiming for the top job, this is the best input on your path.
It relates to an ever increasing problem of screening - beyond personal marketing campaigns and egos, seeking authentic leaders and strong integrity. The book adequately balances theory with practical empirical examples and most of all, hits the nerve of the challenges being a chairman. As a chairman, unless you identify your inside outsiders, you clearly run a big risk of failure in appointing the next CEO.
http://astore.amazon.com/amazon-book-books-20/detail/1422104613
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