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Succession

Are You Ready?

by Marshall Goldsmith

Harvard Business Review Press, 2009

Category: Leadership & Management

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Succession
Who will be the new CEO? And what will the old one do? Both are crucial questions. Learn how to succeed at succession.

In this summary you will learn

  • How to select your firm’s next CEO
  • Why the incoming CEO needs feedback and executive coaching
  • How to work with primary stakeholders to set the new CEO up to succeed
  • What the outgoing CEO’s role is, from coaching to making a graceful exit

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Why you should read Succession

“No matter what I do for the rest of my life, it won’t matter as much as what I did when I was a CEO,” one executive said, describing his wistful feelings as he stepped down from his position. Giving up the reins of corporate power is not easy and preparing your successor for a seamless transition often is even more difficult. Executive coach Marshall Goldsmith tells outgoing CEOs how to handle the often-tricky transition and how to prepare their successors. While it is hardly surprising that a coach advocates coaching, Goldsmith’s pithy, concise 125 pages pack in lots of information and advice. getAbstract suggests this easy read to outgoing leaders and their incoming successors.

About the Author

Executive coach Marshall Goldsmith teaches at Dartmouth’s Tuck School of Business. He has written 10 books and sold more than one million volumes, including his bestseller, What Got You Here Won’t Get You There. The American Management Association, BusinessWeek, the Times (London) and the Economist have recognized his work.


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