Book description
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.
Dr. Thomas J. Saporito (Chicago) Ed. D., is chairman and CEO of
RHR International. Widely recognized as an expert in CEO succession,
he has specialized over the past 30 years in consulting with CEOs,
boards of directors, and senior management on succession planning and
top management leadership. He works closely with chief executives and
senior management on accelerating business strategies by strengthening
individual leadership and team-based performance. A former member of
the NACD Blue Ribbon Commission on CEO Succession, his career has
taken him throughout the United States, Europe, and Asia.
Dr. Paul C. Winum (Atlanta, GA) Ph. D., is a senior partner
with RHR International and serves as global practice leaderÂ-CEO
Succession. He is a regular contributor to articles published in the
Wall Street Journal, Fortune, and Forbes. In
2007, he was awarded specialty board certification in Organizational
and Business Consulting Psychology by the American Board of
Professional Psychology and was elected as a Fellow of the American
Psychological Association.
