February 2009
Beginner
128 pages
1h 43m
English
The development of a great successor is one of the most important accomplishments that a CEO can achieve. But should you develop an internal or an external successor?
There are many reasons, both personal and professional, to make the investment in developing your successor from candidates inside the company.
To begin with, if you hire a CEO from outside the company, the board will expect a “name brand” leader who has a proven track record of success. There aren’t that many out there! To hire such an executive, you are going to have to pay a ton of money and provide an expensive golden parachute if things don’t work out. Several recent ...
Read now
Unlock full access