Searching for a Corporate Savior : : The Irrational Quest for Charismatic CEOs / / Rakesh Khurana.
Corporate CEOs are headline news. Stock prices rise and fall at word of their hiring and firing. Business media debate their merits and defects as if individual leaders determined the health of the economy. Yet we know surprisingly little about how CEOs are selected and dismissed or about their true...
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Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2011] ©2002 |
Year of Publication: | 2011 |
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Physical Description: | 1 online resource (336 p.) :; 2 halftones. 7 line illus. |
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Khurana, Rakesh, author. aut http://id.loc.gov/vocabulary/relators/aut Searching for a Corporate Savior : The Irrational Quest for Charismatic CEOs / Rakesh Khurana. Course Book Princeton, NJ : Princeton University Press, [2011] ©2002 1 online resource (336 p.) : 2 halftones. 7 line illus. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Preface -- 1. "Everyone Knew He Was Brilliant": The Wooing of Jamie Dimon -- 2. A Different Kind of Market -- 3. The Rise of the Charismatic CEO -- 4. Board Games: The Role of Directors in CEO Search -- 5. The Go-Betweens: The Role of the Executive Search Firm -- 6. Crowning Napoleon: The Making of the Charismatic Candidate -- 7. Open Positions, Closed Shops: Learning from the External CEO Succession Process -- Appendix -- Notes -- References -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star Corporate CEOs are headline news. Stock prices rise and fall at word of their hiring and firing. Business media debate their merits and defects as if individual leaders determined the health of the economy. Yet we know surprisingly little about how CEOs are selected and dismissed or about their true power. This is the first book to take us into the often secretive world of the CEO selection process. Rakesh Khurana's findings are surprising and disturbing. In recent years, he shows, corporations have increasingly sought CEOs who are above all else charismatic, whose fame and force of personality impress analysts and the business media, but whose experience and abilities are not necessarily right for companies' specific needs. The labor market for CEOs, Khurana concludes, is far less rational than we might think. Khurana's findings are based on a study of the hiring and firing of CEOs at over 850 of America's largest companies and on extensive interviews with CEOs, corporate board members, and consultants at executive search firms. Written with exceptional clarity and verve, the book explains the basic mechanics of the selection process and how hiring priorities have changed with the rise of shareholder activism. Khurana argues that the market for CEOs, which we often assume runs on cool calculation and the impersonal forces of supply and demand, is culturally determined and too frequently inefficient. Its emphasis on charisma artificially limits the number of candidates considered, giving them extraordinary leverage to demand high salaries and power. It also raises expectations and increases the chance that a CEO will be fired for failing to meet shareholders' hopes. The result is corporate instability and too little attention to long-term strategy. The book is a major contribution to our understanding of corporate culture and the nature of markets and leadership in general. Issued also in print. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) Chief executive officers. Executive succession. Executives Recruiting. BUSINESS & ECONOMICS / Human Resources & Personnel Management. bisacsh Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013 9783110442502 print 9780691120393 https://doi.org/10.1515/9781400841097 https://www.degruyter.com/isbn/9781400841097 Cover https://www.degruyter.com/cover/covers/9781400841097.jpg |
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English |
format |
eBook |
author |
Khurana, Rakesh, Khurana, Rakesh, |
spellingShingle |
Khurana, Rakesh, Khurana, Rakesh, Searching for a Corporate Savior : The Irrational Quest for Charismatic CEOs / Frontmatter -- Contents -- Preface -- 1. "Everyone Knew He Was Brilliant": The Wooing of Jamie Dimon -- 2. A Different Kind of Market -- 3. The Rise of the Charismatic CEO -- 4. Board Games: The Role of Directors in CEO Search -- 5. The Go-Betweens: The Role of the Executive Search Firm -- 6. Crowning Napoleon: The Making of the Charismatic Candidate -- 7. Open Positions, Closed Shops: Learning from the External CEO Succession Process -- Appendix -- Notes -- References -- Index |
author_facet |
Khurana, Rakesh, Khurana, Rakesh, |
author_variant |
r k rk r k rk |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Khurana, Rakesh, |
title |
Searching for a Corporate Savior : The Irrational Quest for Charismatic CEOs / |
title_sub |
The Irrational Quest for Charismatic CEOs / |
title_full |
Searching for a Corporate Savior : The Irrational Quest for Charismatic CEOs / Rakesh Khurana. |
title_fullStr |
Searching for a Corporate Savior : The Irrational Quest for Charismatic CEOs / Rakesh Khurana. |
title_full_unstemmed |
Searching for a Corporate Savior : The Irrational Quest for Charismatic CEOs / Rakesh Khurana. |
title_auth |
Searching for a Corporate Savior : The Irrational Quest for Charismatic CEOs / |
title_alt |
Frontmatter -- Contents -- Preface -- 1. "Everyone Knew He Was Brilliant": The Wooing of Jamie Dimon -- 2. A Different Kind of Market -- 3. The Rise of the Charismatic CEO -- 4. Board Games: The Role of Directors in CEO Search -- 5. The Go-Betweens: The Role of the Executive Search Firm -- 6. Crowning Napoleon: The Making of the Charismatic Candidate -- 7. Open Positions, Closed Shops: Learning from the External CEO Succession Process -- Appendix -- Notes -- References -- Index |
title_new |
Searching for a Corporate Savior : |
title_sort |
searching for a corporate savior : the irrational quest for charismatic ceos / |
publisher |
Princeton University Press, |
publishDate |
2011 |
physical |
1 online resource (336 p.) : 2 halftones. 7 line illus. Issued also in print. |
edition |
Course Book |
contents |
Frontmatter -- Contents -- Preface -- 1. "Everyone Knew He Was Brilliant": The Wooing of Jamie Dimon -- 2. A Different Kind of Market -- 3. The Rise of the Charismatic CEO -- 4. Board Games: The Role of Directors in CEO Search -- 5. The Go-Betweens: The Role of the Executive Search Firm -- 6. Crowning Napoleon: The Making of the Charismatic Candidate -- 7. Open Positions, Closed Shops: Learning from the External CEO Succession Process -- Appendix -- Notes -- References -- Index |
isbn |
9781400841097 9783110442502 9780691120393 |
url |
https://doi.org/10.1515/9781400841097 https://www.degruyter.com/isbn/9781400841097 https://www.degruyter.com/cover/covers/9781400841097.jpg |
illustrated |
Illustrated |
dewey-hundreds |
600 - Technology |
dewey-tens |
650 - Management & public relations |
dewey-ones |
658 - General management |
dewey-full |
658.407111 |
dewey-sort |
3658.407111 |
dewey-raw |
658.407111 |
dewey-search |
658.407111 |
doi_str_mv |
10.1515/9781400841097 |
oclc_num |
979970264 |
work_keys_str_mv |
AT khuranarakesh searchingforacorporatesaviortheirrationalquestforcharismaticceos |
status_str |
n |
ids_txt_mv |
(DE-B1597)453606 (OCoLC)979970264 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013 |
is_hierarchy_title |
Searching for a Corporate Savior : The Irrational Quest for Charismatic CEOs / |
container_title |
Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013 |
_version_ |
1806143563148296192 |
fullrecord |
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