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    The CEO Within

    With rising CEO turnover, companies are increasingly looking outside for qualified candidates. Sure, externally recruited CEOs bring fresh perspectives and connections. But they lack the in-depth knowledge of the company s culture and history that they need to succeed.... View Details
    • Article

    A Head Start on Succession

    By: Joseph L. Bower
    Our studies of CEO succession over the past several years have shown some improvements in the trends in CEO turnover, often resulting from outside pressures for improved oversight and better corporate governance. The next step in improving CEO succession—and ultimately... View Details
    Keywords: Investment Return; Corporate Governance; Governing and Advisory Boards; Leadership Development; Management Practices and Processes; Management Succession; Management Teams; Business and Shareholder Relations
    Related
    • October 12, 2017
    • Other Article

    A Survey of How 1,000 CEOs Spend Their Day Reveals What Makes Leaders Successful

    By: Oriana Bandiera, Raffaella Sadun, Andrea Prat and Stephen Hansen
    Related
    • 12 Oct 2017
    • News

    A Survey of How 1,000 CEOs Spend Their Day Reveals What Makes Leaders Successful

    • 14 Nov 2007
    • Research & Ideas

    Growing CEOs from the Inside

    the business but can't lead. That's why the best CEO should be both an insider and an outsider, says Harvard Business School professor Joseph L. Bower in his new book, The CEO Within: Why Inside Outsiders... View Details
    Keywords: by Sean Silverthorne; Employment
    • Blog

    Leading Successful Digital Transformation

    of the business. Setting up a new independent unit is like launching a speedboat from a larger vessel-the speedboat may take off but it does not move the large ship. How to lead successful transformation: What's the best way to approach... View Details
    • 20 Mar 2005
    • Research & Ideas

    Lessons of Successful Entrepreneurs

    Successful businessmen told a roomful of students that ultimately, the world outside the classroom will be their best teacher in entrepreneurship. "If you are taking an entrepreneurship class, you want to be a venture... View Details
    Keywords: by Sean Silverthorne
    • 01 Jun 2006
    • News

    Surviving Success

    In the frenzied, early months of a new venture’s launch, few entrepreneurs anticipate a future beyond their role as company leader. In “Founder–CEO Succession at Wily Technology,” HBS assistant professor Noam Wasserman and former HBS... View Details
    Keywords: Julia Hanna; Management of Companies and Enterprises; Management
    • April – May 2008
    • Article

    The Leader Within: The Best CEO Succession Plans Groom Independent-minded Insiders for the Top Job

    By: Joseph L. Bower
    Keywords: Leadership; Management Succession; Jobs and Positions
    Related
    • 02 Jan 2024
    • What Do You Think?

    Do Boomerang CEOs Get a Bad Rap?

    (AdobeStock/Vincent) The return of Robert Iger as CEO of Walt Disney followed by a poorer-than-expected company performance has rekindled the debate about whether the decision to bring back formerly View Details
    Keywords: by James Heskett
    • 2022
    • Working Paper

    Passing the Mic: Career and Firm Outcomes of Executive Interactions

    By: Wei Cai, Ethan Rouen and Yuan Zou
    We exploit a unique feature of conference calls to study one type of interaction among executives—directly inviting colleagues to respond to analysts’ questions. We find that the frequency of initiating interaction is positively associated with an executive’s ability,... View Details
    Keywords: Conference Calls; CEO Succession; Executive Interactions; Promotion; Interpersonal Communication; Personal Development and Career; Retention
    Related
    • May–June 2015
    • Article

    Higher-Ambition CEOs Need Higher-Ambition Boards

    By: Edward Ludwig, Elise Walton and Michael Beer
    The authors opine that ambitious chief executives (CEOs) of corporations need corporate boards which are also ambitious and accommodative of them. According to the authors good corporate governance and financial performance are the main requirements for good board-CEO... View Details
    Keywords: Governing and Advisory Boards; Management Succession; Performance; Corporate Governance; Management Teams
    Related
    • 12 Feb 2015
    • Video

    Success Spreads like Wildfire

    • 01 Jun 2006
    • News

    Banking on Success

    As president and CEO of JPMorgan Chase, the nation’s third-largest financial corporation, Jamie Dimon (MBA ’82) has a shot to prove whether the model of one-stop-shop for financial services really works. It’s a model he helped build at... View Details
    Keywords: Management
    • 31 Oct 2019
    • News

    Business Success Means Community Success in Wisconsin; GNN Roundup

    bottom lines. The event, titled Collaborating Business Strategy with Local Communities, featured Peter Feigin, President of the Milwaukee Bucks, and Kevin Steiner, President and CEO of West Bend Mutual Insurance Co. Both shared their... View Details
    Keywords: Margie Kelley
    • 22 Nov 2006
    • Research & Ideas

    CEO Succession: The Case at Ford

    it's very much an owner saying, "I'm not doing this job well, I'm going to find someone who can do it right." Q: You've been doing a lot of work recently I know, Joe, on succession planning and the View Details
    Keywords: by Jim Aisner; Auto; Employment
    • 01 Mar 2008
    • News

    Avoiding a Succession Crisis

    Citigroup appear to be. One survey of human resource directors of large corporations indicated that 60 percent lacked CEO succession planning. This situation is hardly optimal — not when global competition... View Details
    Keywords: Joseph L. Bower; Management of Companies and Enterprises; Management
    • May 2005 (Revised October 2007)
    • Case

    Founder-CEO Succession at Wily Technology

    By: Noam T. Wasserman and Henry McCance
    Before he accepts the new CEO position, Dick Williams wants founder Lew Cirne to step down as chairman. While considering Williams' incredible demand, Cirne reflects on everything he has already given up to get Wily Technology to this point. He agreed to step down as... View Details
    Keywords: Business Startups; Entrepreneurship; Growth and Development Strategy; Management Succession
    Related
    • 10 Oct 2018
    • News

    Building Paths to Success

    influence.” That small act led to an epiphany for Traill, who set out on a mission to create venture philanthropy that could back social entrepreneurs with strategy and guidance to support young people. A year later, he founded Social Ventures Australia (SVA), where he... View Details
    Keywords: Jill Radsken
    • 30 May 2000
    • Research & Ideas

    Market Makers Bid for Success

    In late February, Harvard Business School professor Bill Sahlman spoke with two former MBA students, Scott Randall ('87) and Glen Meakem ('91), to discuss their perspectives on organizing markets in a new and evolving economy and what they have learned along the way.... View Details
    Keywords: by Staff; Web Services; Technology