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The vital role of the outgoing CEO

By: Jerusalim, Rebecca Slan and Kwok, Navio.
Material type: materialTypeLabelBookPublisher: Harvard Business Review Description: 102(4), Jul-Aug, 2024: p.57-63. In: Harvard Business ReviewSummary: Though they’re frequently overlooked, incumbent CEOs are central to ensuring drama-free successions. An in-depth study of 30 departing CEOs shows that when they have strong relationships with the board, are actively engaged in choosing their replacements, and have positive views of the process, handoffs are much more successful. But if they experience ambivalence or regret or feel excluded, transitions can become tumultuous. Drawing on extended interviews with outgoing executives, this article discusses the five psychological crossroads that leaders face when they step down and offers advice on what boards and CEOs can do to navigate each one more deftly.- Reproduced https://hbr.org/2024/07/the-vital-role-of-the-outgoing-ceo
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Articles Articles Indian Institute of Public Administration
102(4), Jul-Aug, 2024: p.57-63 Available AR132684

Though they’re frequently overlooked, incumbent CEOs are central to ensuring drama-free successions. An in-depth study of 30 departing CEOs shows that when they have strong relationships with the board, are actively engaged in choosing their replacements, and have positive views of the process, handoffs are much more successful. But if they experience ambivalence or regret or feel excluded, transitions can become tumultuous.
Drawing on extended interviews with outgoing executives, this article discusses the five psychological crossroads that leaders face when they step down and offers advice on what boards and CEOs can do to navigate each one more deftly.- Reproduced

https://hbr.org/2024/07/the-vital-role-of-the-outgoing-ceo

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