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Why Inside Outsiders Are the Key to Succession Planning
Harvard Business School Press
November 2007
On Sale: November 13, 2007
272 pages
ISBN: 1422104613
EAN: 9781422104613
Hardcover
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Self-Help
With rising CEO turnover, companies are increasingly looking
outside for qualified candidates. Sure, externally recruited
CEOs bring fresh perspectives and connections. But they lack
the in-depth knowledge of the company s culture and history
that they need to succeed. Result? Many deliver
disappointing performances. Companies can avoid this scenario, contends Joseph Bower in
The CEO Within. Drawing on a decade s research (including
interviews with leading CEOs) and experience managing the
succession process, Bower explains how companies can develop
a cohort of internal candidates one of whom may be suited to
the increasingly demanding CEO role. The key? Groom
inside-outsiders. These leaders view their role through the
lens of someone who just bought the company unencumbered by
the cognitive and emotional baggage that comes from a long
tenure in the organization. But they also leverage the
knowledge they ve accumulated about the company s people,
suppliers and customers, and future direction. Placed squarely at the intersection of succession planning
and leadership development, this book describes the
distinguishing attributes of the inside-outsider and reveals
how to recruit, nurture, and promote this special type of
leader. With a healthy supply of qualified internal
candidates, companies get the leadership they need when they
need it.
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