Stephanie Hughes
👤 SpeakerAppearances Over Time
Podcast Appearances
It is hard for a CEO to be completely objective about the next phase and who should be there and what their own shadow has been in the organization.
And so they are an important input, but they should not be the primary driver.
And so they are an important input, but they should not be the primary driver.
Rubin says the board needs to think about choosing a leader, not just for the company that exists now, but for the company that will exist in the future.
Rubin says the board needs to think about choosing a leader, not just for the company that exists now, but for the company that will exist in the future.
There's a tendency to want to hire a clone if the last CEO has been tremendously successful, and to hire the opposite if a CEO has basically failed.
There's a tendency to want to hire a clone if the last CEO has been tremendously successful, and to hire the opposite if a CEO has basically failed.
And the reality is it's somewhere in between.
And the reality is it's somewhere in between.
The day that a new CEO takes charge, the company should start planning for its next one, says Anthony Nyberg, who leads the Center for Executive Succession at the University of South Carolina.
The day that a new CEO takes charge, the company should start planning for its next one, says Anthony Nyberg, who leads the Center for Executive Succession at the University of South Carolina.
But he says the boards he talks to tend to put off those discussions.
But he says the boards he talks to tend to put off those discussions.
Because we're human, it's hard to have conversations with people about your successor.
Because we're human, it's hard to have conversations with people about your successor.
They often don't want to think about when their end might be.
They often don't want to think about when their end might be.
A CEO's identity is intertwined with that of the firm, says UVA's Yo-Jed Chang.
A CEO's identity is intertwined with that of the firm, says UVA's Yo-Jed Chang.
So you're not just choosing a good leader, you're choosing the next face of the company.