Corporations Slow to Groom Successors
From the 'Harvard Business Review'
Read Joseph L. Bower's article.
Solve the Succession Crisis by Growing Inside-Outside Leaders
Citigroup and Merrill Lynch recently announced that their CEOs were stepping down but neither had an immediate replacement in sight. Succession is not an event but a process that takes place over a number of years, experts say, because of the scale and scope of major corporations.
Joe Bower, a professor at Harvard Business School, talks about failing to groom in-house successors with Renee Montagne.
