Nice to see confirmation that good strategic management is more likely if the complexities of the job are handled by people with experience. HBSP’s Daily Stat reports an academic study showing that insiders make better CEOs than external appointees. Perhaps this will hold back some Boards’ preference for paying exorbitant sums to head-hunters to fix grossly excessive deals for rent-a-CEOs, then paying those CEOs off with still more bags of cash when they mess up.
Mar 182010
Mar 062009
Seeing our bankers grilled by politicians for gross failure highlights a confusion we see much of – an implied assumption that great leadership is the same as great strategic management. Continue reading »
Dec 092008
Had a couple of interesting contacts on this last week. Seems senior executives in general certainly ‘want to do what’s right’, but face two difficulties. First, it’s not as obvious as it seems to know what the right thing is to do [think of the debates about exploiting cheap labour vs. destitution and poverty]. Secondly, it’s hard for CEOs to make the business case for doing things that seem to be just costly. We can help on both issues. Continue reading »
Sep 172008
I’ve gone on about this before, but it’s gone way, way worse since I last brought it up, so let’s not forget Continue reading »
