The Hero's Farewell: What Happens When Ceos Retire

by Jeffrey Sonnenfeld

Book Overview

How a business replaces its chief executive is a vital issue for the firm's future. Unless the transfer of power is managed effectively, the business may be thrown into turmoil--with profound implications not only for the CEO, but also for the other employees, the shareholders, and sometimes even the industry as a whole. Yet not enough is known about this crucial moment in the history of a company.
___Filled with inside stories from corporate...

• Format: Hardcover
• Language: English
• ISBN: 0195050916
• ISBN13: 9780195050912
• Release Date: October 1988
• Publisher: Oxford University Press, USA
• Length: 336 Pages
• Weight: 1.54 lbs.
• Dimensions: 1.2" x 6.4" x 9.5"

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.