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The Hero's Farewell

The Hero's Farewell


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About the Book

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 that affect executive succession. Jeffrey Sonnenfeld offers the first close examination of the critical role a CEO's departure style plays in helping, or hindering, the transfer of power. Through candid interviews with fifty prominent retired chief executives from corporations such as AT&T, Ford, Dupont, United Technologies, and Raytheon (David Rockefeller of Chase Manhattan and Thomas J. Watson, Jr. of IBM among them) and a survey of an additional three hundred top managers, Sonnenfeld identifies the four major types of leadership departure styles. These types include Monarchs, who choose not to leave voluntarily but either die in office or are overthrown; Generals, who leave reluctantly and spend their retirement planning a comeback; Ambassadors, who retain close ties with their former firms; and Governors, who willingly serve a limited
time and leave to pursue new interests.

Capturing the human drama of these departures and succession battles, The Hero's Farewell will fascinate anyone intrigued by power struggles in large corporations. Outlining ways to smooth out the inevitable transfers of power that corporations must face, Sonnenfeld presents essential information for all top executives and especially for CEOs.

About the Author:
Jeffery Sonnenfeld, a professor at the Harvard Business School for the past decade, is now Professor of Organization and Management and Director of the Center for Leadership and Career Change at Emory University. He has twice won the Academy of Management's annual award for outstanding research on social issues, and was named to their Board of Governors in 1988. He is the author of three other books, including Managing Career Systems, and numerous articles on executive careers.


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Product Details
  • ISBN-13: 9780195065831
  • Publisher: Oxford University Press, USA
  • Publisher Imprint: Oxford University Press, USA
  • Height: 216 mm
  • No of Pages: 336
  • Series Title: English
  • Sub Title: What Happens When CEO's Retire
  • Width: 142 mm
  • ISBN-10: 0195065832
  • Publisher Date: 07 Feb 1991
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 21 mm
  • Weight: 512 gr


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    BoxerLover2 - 5 Days ago
    A Thrilling But Totally Believable Murder Mystery

    Read this in one evening. I had planned to do other things with my day, but it was impossible to put down. Every time I tried, I was drawn back to it in less than 5 minutes. I sobbed my eyes out the entire last 100 pages. Highly recommend!


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