Title
The Hero's Farewell: What Happens When CEOs Retire,New
Delivery time: 8-12 business days (International)
How a business replaces its chief executive is a vital issue for the firm's future. Unless the transfer of power is managed effectively, the business may be thrown into turmoilwith profound implications not only for the CEO, but also for the other employees, the shareholders, and sometimeseven the industry as a whole. Yet not enough is known about this crucial moment in the history of a company.Filled with inside stories from corporate boardrooms and fresh conceptual perspectives, The Hero's Farewell describes in rich detail the factors that affect executive succession, focusing for the first time on the critical role a CEO's departure style plays in helping or hindering the transferof power. Sonnenfeld has obtained candid interviews with fifty prominent retired chief executives from corporations such as AT&T, Ford, Dupont, United Technologies, and Raytheon (including Edwin Land of Polaroid, David Rockefeller of Chase Manhattan, and Tom Watson, Jr. of IBM). Through theseinterviews and a survey of an additional 300 top managers, he identifies the four major types of leadership departure styles: Monarchs, who choose not to leave voluntarily but either die in office or are overthrown; Generals, who leave reluctantly and spend their retirement planning a comeback;Ambassadors, who retain close ties with their former firms; and Governors, who willingly serve a limited term and leave to pursue new interests. Understanding how these leadership styles affect the transition process can enable both CEOs and their firms to better prepare for the changes to come.Executive successions are rarely easy, especially today when, as the author points out, many of our business leaders have become heroes. These heroes are often unwilling to surrender control of a firm to which they have dedicated their lives. Retirement deprives them of a clear sense of purposeand indeed, for many, it is equated with abdication of responsibility and even death. Yet some retiring leaders exit constructively, starting new lives for themselves and leaving behind a firm that is capably managed.Capturing the human drama of these departures and succession battles, The Hero's Farewell will fascinate anyone intrigued by power struggles in large corporations. More important, in outlining the ways to smooth out the inevitable transfers of power that corporations must face, it providesessential information for all top executives and especially for CEOs.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.