Maintaining the Spirit of the Organization
The succession to the top position of an organization is a difficult decision and indeed, according to Drucker, sometimes a “desperate gamble” (Management: Tasks, Responsibilities, Practices, 1973, p. 618). And past performance in a range of lower-level positions is no guarantee of success in the top position.
One of the best examples comes from American political history. James Buchanan, fifteenth president of the United States, was a graduate of Dickinson College and served five terms as a congressman and two terms as a United States senator from Pennsylvania. He also served as minister to Russia and to Great Britain. Before assuming the presidency in ...