Your CEO Succession Playbook

Your CEO Succession Playbook
Author: Natalie Michael
Publisher:
Total Pages: 220
Release: 2017-09-26
Genre: Business & Economics
ISBN: 9780995995802

You've heard it before: 50% of all CEO succession attempts fail. Which means 50% must succeed! Learn from leaders who beat the odds in Your CEO Succession Playbook. For Boards and transitioning CEOs, consider this book your strategic companion from the start of the process right through to the hand-off, and discover how to address common concerns along the way. Learn why a CEO should start a conversation about succession planning early, even if they have no intention of leaving their role anytime soon. Stay above the fray by mitigating and managing power plays. And understand how to build a practical framework to help the departing CEO start a new life chapter that moves from success to significance. Your CEO Succession Playbook is a 6-phase game plan for each step in the CEO succession process, one that doesn't require you to work harder and faster, but rather more intentionally. With these strategies, you will build trust, avoid politics, and gain confidence in your leadership pipeline. Among dozens of tactics and a suite of tools, you will get: A practical strategy for introducing the topic of CEO succession to your Board without prematurely accelerating succession; A CEO success profile that you can use to benchmark candidates; A model for determining who has the potential to be the next CEO; Strategies for how to best develop future CEOs; Advice on how to minimize ego-plays and power struggles and avoid "survival of the fittest" politics; Communication samples and tips for each of the 6 key phases; Leadership insights that distinguish who you need to be as a leader to build trust; Self-coaching questions to help you do what's right for your business. Natalie Michael has worked in private practice developing executives for the last fifteen years. Whether as an executive coach, CEO forum chair or succession management consultant, her main goal is to help companies identify and develop executive potential. She has coached hundreds of executives, from Canada to Africa to New Zealand, with clients ranging from Fortune 100 companies to entrepreneurial start-ups. Before turning to coaching and consulting, Natalie led organizations that won accolades such as best-managed company, fastest-growing company and top employer. In her personal time, she loves quiet mornings on her mat and hitting the trails with her family. Brian Conlin is an executive coach, mentor, board member and business advisor who worked in employee-owned organizations for over thirty years. He personally went through a successful transition as the former CEO of Golder Associates, a professional services firm that grew during his leadership from a modest regional business to a global powerhouse with over nine thousand employees and $1.5 billion in annual revenue. During his career, Brian has coached and supported the development of dozens of leaders. Today he coaches executives from small start-ups through to large, complex firms. He enjoys engaging with executives who dream big, want to succeed and care for others. A family man with two grown boys and a granddaughter, he enjoys volunteering for worthy causes, cycling and playing golf. Advance praise for Your CEO Sucession Playbook: "The decision to name a new CEO is one of the most important a company can make. With this book in hand, though, you'll be ready. Every CEO and board member should read it, heed its lessons, and put its tools into action." Daniel H. Pink, author of Drive and To Sell Is Human

Inside CEO Succession

Inside CEO Succession
Author: Thomas J. Saporito
Publisher: John Wiley & Sons
Total Pages: 256
Release: 2012-08-13
Genre: Business & Economics
ISBN: 1118218035

A comprehensive guide to planning for CEO succession, from the experts at RHR As the demands from stakeholders for consummate leadership and good governance from a company's board of directors, its CEO, and its executive team increase, how the process of CEO succession is carried out has become more critical than ever before. Yet, over the past several years, a growing number of CEOs have failed early in their terms, often with devastating consequences to their companies and stockholders. By far the most common problem is a lack of ownership of the CEO succession process. Inside CEO Succession provides businesses, leaders, and boards with the strategies they need to execute their responsibilities with a heightened level of professionalism and ensure the sustained success of the companies they serve. Written by Dr. Thomas J. Saporito, CEO of RHR International, and Dr. Paul Winum, Senior Partner of RHR International, the lessons of Inside CEO Succession are rooted in RHR's long-standing history of bringing expert knowledge, experience, advice, and counsel to the issues related to CEO succession. The culmination of RHR's 65 years of experience providing expert counsel to the boards of directors of hundreds of companies, it explains how ego, role-relationships, power, and human dynamics associated with relinquishing leadership, preparing successors, and ceding power and authority to other people create undetected problems in the succession process and ultimately cause many CEOs to fail early in their tenures. Distills RHR's 65 years of experience helping businesses deal with CEO succession into one practical resource Presents strategies to enable boards to understand their role in succession planning and how to source leadership that best fits their organization's culture and requirements Brings together business acumen and psychological insight to help readers better prepare for more effective CEO succession To be successful, CEO succession requires a well-defined course of action that ensures that a number of highly capable candidates are ready to assume the chief executive position whether through an unexpected event or a planned transition. Inside CEO Succession is designed to help boards comprehensively manage that process and effectively sustain their company's profitability.

The Next CEO

The Next CEO
Author: Thomas Keil
Publisher: Routledge
Total Pages: 155
Release: 2021-05-06
Genre: Business & Economics
ISBN: 1000379493

Shortlisted for the Business Book of the Year (International Books category) 2022 Every year, companies spend billions of dollars in board time and headhunter fees on CEO searches. In fact, the selection of the next CEO is the single most important task of the board of directors. Yet, despite the huge amount of time, money, and attention given to the task, many CEO changes fail, with disastrous consequences for all concerned. With so much at stake, it is natural to ask what companies and their boards can do to increase the odds of success. Illustrated with an abundance of real-life examples from interviews with CEOs, C-suite members, members of the boards, and headhunters supporting CEO searches, The Next CEO explains how boards can improve the odds of success with CEO succession by identifying clear CEO mandates and associated CEO profiles and by selecting CEOs that are fi t for purpose. It further explains how the CEOs of leading corporations effectively take charge and create results, providing a roadmap for incoming CEOs. These ideas are brought to life with case studies and interviews with well-known corporations such as ABB, Alibaba, Freudenberg, GE, Google, HNA, HP, Microsoft, Nestle, Nike, Nokia, Novartis, Roche, Sony, Tata, and Zurich Insurance. The book is invaluable practical reading for board members of medium-to-large-size fi rms involved with CEO succession, and for those preparing for their fi rst CEO position. It is also relevant to headhunters who are involved in the process of CEO succession as a working tool for them and their clients. In addition, the book will be relevant to courses on corporate governance and strategic transformation at the executive and MBA levels.

CEO Excellence

CEO Excellence
Author: Carolyn Dewar
Publisher: Simon and Schuster
Total Pages: 384
Release: 2022-03-15
Genre: Business & Economics
ISBN: 1982179678

"Based on extensive interviews with today's . . . corporate leaders, this look at how the best CEOs do their jobs focuses on the mindsets and actions that foster an environment of excellence"--

The Career Playbook

The Career Playbook
Author: James M. Citrin
Publisher: Currency
Total Pages: 256
Release: 2015-04-21
Genre: Business & Economics
ISBN: 0553446975

Are you about to graduate and begin your job search? Or are you a young professional trying to choose the right field or looking for that perfect position that will catapult your career? Figuring out a career and getting a great job has never been more difficult. On top of that, today’s graduates are looking for not only good jobs but positions that will help them launch careers in which they can grow and prosper. But knowing what to look for and how to actually land a great job is exceptionally challenging when you’re trying to get an interview, make enough money, and position yourself for advancement. Based on an in-depth survey of thousands of graduates and young professionals, and hundreds of interviews with the world’s top business and nonprofit leaders—not to mention James Citrin’s decades of experience as a senior partner at the premier executive search firm Spencer Stuart—The Career Playbook offers recent graduates and aspiring young professionals actionable advice for excelling. From his practical tips on generating valuable introductions, nailing interviews, and negotiating compensation to strategic advice on the arc of a career, the importance of relationships, how to cultivate a mentor, and knowing when to change jobs or industries, Citrin provides an invaluable guide to the most urgent questions that are at the heart of every person’s career deliberations. Packed with first-person advice from graduates and young professionals themselves, as well as the perspectives of seasoned CEOs, entrepreneurs, leaders, and experts, such as Virgin’s Sir Richard Branson, Facebook’s Sheryl Sandberg, Third Point Advisors’ Daniel Loeb, author Malcolm Gladwell, and US Navy SEALs’ Admiral Eric Olson, The Career Playbook is an essential resource for landing, launching, and thriving in your career.

Walk Away Wealthy

Walk Away Wealthy
Author: Mark Tepper
Publisher: Greenleaf Book Group
Total Pages: 141
Release: 2014-07-01
Genre: Business & Economics
ISBN: 1626340854

The essential guide to selling your business—and walking away with maximum wealth Nearly every entrepreneur dreams of one day selling their business for big bucks, but far too many aren’t aware of exactly what it takes to do so. The sobering truth is that it’s very easy for the entrepreneurs who don’t know what they’re doing to walk away from a sale without the financial freedom they hoped for. In fact, only about 20 percent of businesses for sale will successfully transfer to another owner! In Walk Away Wealthy, Mark Tepper--a leading authority on wealth management and financial planning for entrepreneurs--shows you how to build a strong exit plan, an absolute requirement if you hope to get the full value from a sale. Tepper’s twelve secrets debunk myths and deliver practical advice as he walks you through what most people don’t know (or refuse to believe) about the process of planning their exit. And although it’s best to start planning the exit as early as possible, the book also delivers advice for those who may have waited too long and feel lost in the face of a rapidly approaching sale. Selling the business you worked so hard to build can be a confusing and intimidating proposition. Let Mark Tepper clear away the misconceptions, steer you clear of common mistakes, and help you walk away wealthy!

Grow

Grow
Author: Sandy Ogg
Publisher: Forbesbooks
Total Pages: 0
Release: 2019-03-11
Genre: Business & Economics
ISBN: 9781946633200

It is possible to transform your large, existing organization into a player that adapts fast, moves fast and grows fast. It is possible for your company to play an even bigger role in the world than it does today. Especially during this era of exponential change. A new strategy alone won't be enough to get the job done. You must masterfully coach value into existence with unprecedented speed. This will take some serious design work on your part. The /grow framework guides you through the five key elements that drive value agendas and, ultimately, growth.

CEO Succession

CEO Succession
Author: Dennis C. Carey
Publisher: Oxford University Press
Total Pages: 218
Release: 2000-05-25
Genre: Business & Economics
ISBN: 0195351967

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 governance in 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 that promotes 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: establish and 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 posts with 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: ensuring the steady flow of effective leadership in Corporate America.

You're in Charge, Now What?

You're in Charge, Now What?
Author: Thomas J. Neff
Publisher: Crown Currency
Total Pages: 322
Release: 2007-03-27
Genre: Business & Economics
ISBN: 1400048664

When you start a new job, you are in a “temporary state of incompetence,” faced with having to do the most when you know the least. Tom Neff and Jim Citrin, two of the world’s experts on leadership and career achievement, know what it takes to succeed in a new position. Through compelling, first-hand stories, from CEOs like Jeffrey Immelt of GE and Bob Eckert of Mattel, You’re in Charge—Now What? offers an eight-point plan to show you how to lay the groundwork for long-term momentum and great performance.

Playing to Win

Playing to Win
Author: Alan G. Lafley
Publisher: Harvard Business Press
Total Pages: 274
Release: 2013
Genre: Business & Economics
ISBN: 142218739X

Explains how companies must pinpoint business strategies to a few critically important choices, identifying common blunders while outlining simple exercises and questions that can guide day-to-day and long-term decisions.