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The DNA of Leadership by Alan Weiss, Myron Beard

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CHAPTER 6

The Talent Expedition

The vast amount of business executives who unexpectedly fail gives an indication of the difficulty of selecting and promoting the best individuals into greater roles of responsibility. Recent failures include:

McDonald’s chief executive officer (CEO) Don Thompson, a 25-year employee, left in January 2015 as a result of declining sales.

Yishan Wong, recruited to be Reddit’s CEO in 2011, resigned in 2014, less than three years in the position, citing extreme job stress.

Mattel CEO Bryan Stockton was terminated without cause in January 2015, as global sales fell 7 percent. He had been with Mattel for 15 years.

Scott Thompson was recruited from PayPal to be the CEO of Yahoo in January 2012. Yahoo abruptly ...

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