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Mohrbooks Literary Agency
Sebastian Ritscher |
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SUCCESSION
Mastering the Make-or-Break Process of Leadership Transition
In Succession, Noel M. Tichy examines the high stakes of leadership transition and explains how a successful leadership pipeline can make or break a company.
Starting out at GE, where he headed up the company’s leadership institute and revamped the leadership pipeline under Jack Welch, Noel Tichy has served as a trusted advisor on management succession to such leading companies as Royal Dutch Shell, Nokia, Intel, Ford, Mercedes Benz, Merck, and Caterpillar.
Now Tichy draws on his decades of hands-on experience working with CEOs and boards to provide a framework for building a smart, effective transition pipeline, whether for a multi-billion dollar conglomerate, a family business, a small start-up, or a non-profit. Through revealing case studies he illuminates the scale and scope of the problem across various industries and examines why some companies fail and others succeed in training and sustaining the next generation of senior leaders. He draws on important examples including:
• Hewlett Packard: Excessive turnover in the top position led to public and shareholder outrage and vast financial penalties.
• Yahoo: After four turnovers in two tumultuous years, the board brought in the little-known Marissa Mayer of Google to the top job.
• Proctor & Gamble: When Durk Jager was succeeded by A.G. Lafley as CEO in 2000 after Jager’s dismissal, Lafley worked tirelessly to elevate leadership development to the same level of importance as business strategy.
Tichy highlights the all-too-common mistakes that can generate embarrassing headlines and may even call an organization’s survival into question, and he reveals the best practices of those who got it right. He also positions leadership talent development and succession where they belong: at the top of every leader’s agenda.
Noel M. Tichy is the author of Judgment, Judgment on the Front Line, Control Your Destiny or Someone Else Will, and many other business bestsellers. He is a professor at the Ross School of Business at the University of Michigan and advises CEOs around the world.
Now Tichy draws on his decades of hands-on experience working with CEOs and boards to provide a framework for building a smart, effective transition pipeline, whether for a multi-billion dollar conglomerate, a family business, a small start-up, or a non-profit. Through revealing case studies he illuminates the scale and scope of the problem across various industries and examines why some companies fail and others succeed in training and sustaining the next generation of senior leaders. He draws on important examples including:
• Hewlett Packard: Excessive turnover in the top position led to public and shareholder outrage and vast financial penalties.
• Yahoo: After four turnovers in two tumultuous years, the board brought in the little-known Marissa Mayer of Google to the top job.
• Proctor & Gamble: When Durk Jager was succeeded by A.G. Lafley as CEO in 2000 after Jager’s dismissal, Lafley worked tirelessly to elevate leadership development to the same level of importance as business strategy.
Tichy highlights the all-too-common mistakes that can generate embarrassing headlines and may even call an organization’s survival into question, and he reveals the best practices of those who got it right. He also positions leadership talent development and succession where they belong: at the top of every leader’s agenda.
Noel M. Tichy is the author of Judgment, Judgment on the Front Line, Control Your Destiny or Someone Else Will, and many other business bestsellers. He is a professor at the Ross School of Business at the University of Michigan and advises CEOs around the world.
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Book
Published 2014-11-13 by Portfolio |
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Book
Published 2014-11-13 by Portfolio |