The Hero's Farewell: What Happens When CEO's Retire

by Jeffrey Sonnenfeld

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 0195065832
• ISBN13: 9780195065831
• Release Date: February 1991
• Publisher: Oxford University Press, USA
• Length: 336 Pages
• Weight: 0.80 lbs.
• Dimensions: 0.8" x 5.6" x 8.5"

Customer Reviews

Finishing Well

While a bit dated, this book is one of the most important assessments of the ways strong leaders retire. The four-fold typology of retirees as monarchs, generals, ambassadors and governors is well anchored to credible research providing a helpful way for senior leaders to categorize their leadership style and anticipate the nature of their final departure. The identification of the three sets of tensions faced in the departure of the corporate hero (1) within the leader, (2) across generations of leaders and (3) between leaders and the wider community provide significant insight into the psychological and socio-cultural realities of retirement.