The Right CEO: Straight Talk about Making Tough CEO Selection Decisions

ISBN-13: 9780787955854 / Angielski / Twarda / 2001 / 224 str.

Frederick W. Wackerle; William W. George

Opis

Newspapers are filled with reports of highly paid CEOs who are pressured to hand in their resignations, fired by their disgruntled board of directors, or interfered with by a retired CEO who won't go away. These reports signify a growing crisis in business leadership because the same companies routinely fail to develop talent from within the organization and CEO succession plans are woefully inadequate or nonexistent.
Written by Frederick Wackerle— one of the country's foremost executive search consultants— "The Right CEO" identifies the fatal flaws in the current CEO selection process and offers a plan for remedying it. Using real-life examples, Wackerle gives a clear understanding of why organizations fail to select the right CEO. He includes solid suggestions for finding and selecting a CEO successor who is right for an organization and also gives CEO candidates candid information they need to evaluate the right or wrong opportunity.
Unlike other books on the topic, "The Right CEO" explores the idea that many CEO selections are flawed because the inter-relationship between the five key players-board members, incumbent CEOs, human resource executives, CEO search consultants, and candidates-is often dysfunctional. Using the examples, suggestions, and information outlined in this book, Board members will gain governance insight for overcoming their often unconscious leadership biases and select the candidate who best meets the strategic needs of the organization. Incumbent CEOs will be led to explore the fine line between securing the company's future and establishing their own legacies. Search consultants will find ways to increase the likelihood that theirclients will select the right candidate. Human resource executives will discover how they must assume a more important role in CEO succession and selection and help the selection committee avoid common mistakes. Prospective candidates will learn how to get past common "naive" candidate assumptions in order to evaluate a CEO offer objectively. The book is also filled with a wide variety of helpful checklists, questions, and analytical tools that will prove invaluable in placing the right CEO.

Recenzje

"...the book is packed with suggestions and insight..." (Business Times, 2/02)

"Headhunters and any manager involved in senior selection should be queuing up to buy Frederick W Wackerle′s book...will interest a wider readership than the boardroom..." (Professional Manager, May 2002)

Spis treści

Foreword (William W. George).

Introduction.

1. Why We Need a New Process Now.

2. When the Right Person Is Chosen by the Right People at the Right Time: My Blue Chip Search.

3. Real–World Issues: The Complexities That Foul Up the Selection Process.

4. The Psychologically Healthy CEO.

5. Boards: Selecting with the Shareholders in Mind.

6. Search Consultants: Seeking the Long–Term Fit Versus the Short–Term Fix.

7. The Candidates: Developing Savvy.

8. Chief Human Resources Officer: Demonstrating Capacity of Influence.

9. Problematic Scenarios: Situations and Events That Can Affect the CEO Selection Process.

10. Benchmarking the CEO Selection Process.

11. Evolution of CEO Selection: The Best Direction.

Acknowledgments.

About the Author.

Index.

O autorze

Frederick W. Wackerle has counseled CEOs and successfully recruited CEO successors, senior officers, and board members for top companies such as Biogen, Inc., Citicorp, Inc., FMC Corp, IMC Global, MassMutual, Medtornic, Inc., Playboy Enterprises, Inc., Textron, Inc., and Whirlpool Corp.