CEO Succession: Lessons from the Trenches by Dennis C. CareyCEO Succession: Lessons from the Trenches by Dennis C. Carey

CEO Succession: Lessons from the Trenches

byDennis C. Carey, Dayton Ogden, Judith A. Roland

Hardcover | April 15, 2000

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Whether precipitated by sudden tragedy, CEO performance issues, or a key executive simply going elsewhere or retiring, succession planning has become a front-burner issue in corporate boardrooms across the country. For board members, CEOs, and anyone concerned about the quality of governancein corporate America, CEO Succession fills the need for a practical, best-practices roadmap that puts the board of directors squarely at the helm as the guiding force for ensuring the steady flow of effective leadership. Authors Carey and Ogden draw on personal interviews and their own behind-the-scenes work with the CEOs and directors of some of the leading companies in the world to articulate the field-tested strategies and techniques boards need to create a systematic and transparent planning process thatpromotes a seamless transition of leadership at every level in the organization. With an up-close look at such companies as Metropolitan Life, Hewlett-Packard, Mellon Bank, and GTE, CEO Succession shows how to put in place the key elements essential in the succession planning process: establishand sustain a reliable succession agenda and timetable; implement a self-renewing succession culture that develops leaders at all levels of management; create a healthy relationship between the Board and CEO that keeps the CEO on track; and benchmark internal candidates for CEO and other top postswith comparable outside leaders. With practical guidelines and experienced advice from leading consultants in this field, CEO Succession offers a long overdue antidote to what stakeholders, Wall Street, and the media have decried as a lack of board leadership in carrying out its fundamental fiduciary responsibility: ensuringthe steady flow of effective leadership in Corporate America.

About The Author

Dennis C. Carey is vice-chairman of Spencer Stuart US, a leading executive search firm with offices in the US, the UK and Europe, Asia-Pacific, and Africa. He has placed over 50 CEOs in the last four years for companies ranging from ATandT to Unisys, and is the founder of the MandA Group, a group of 50 CEOs which includes the heads of...

Details & Specs

Title:CEO Succession: Lessons from the TrenchesFormat:HardcoverDimensions:224 pages, 9.29 × 5.98 × 0.98 inPublished:April 15, 2000Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195127137

ISBN - 13:9780195127133

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From Our Editors

As vice chairman and co-chairman of a leading worldwide executive search firm, authors Dennis Carey and Dayton Ogden have been involved firsthand with the efforts to find replacements for top executives. In CEO Succession, the board of director’s role in the succession process is the main focus; outlining best practices and identifying failed efforts. These illuminating guidelines examine the key elements involved in establishing and sustaining a reliable succession agenda, offering an in-depth look at leadership development for all levels of management.

Editorial Reviews

"Two senior headhunters at Spencer Stuart turn in this book aimed at successfully negotiating the minefield of leadership transitions. The key elements: creating a succession agenda and schedule; developing leadership talent internally; managing succession via Boards; and, measuringcandidates."--Business Reader Review