Searching for a Corporate Savior
The Irrational Quest for Charismatic CEOs
By (author) Rakesh Khurana
Normal Price: $65.00
Your Price: $58.50 AUD, inc. GST
Shipping: $7.95 per order
You Save: $6.50! (10% off normal price)
Plus...earn $2.93 in Boomerang Bucks
Availability: Available to Backorder, No Due Date for Supply
Searching for a Corporate Savior by Rakesh Khurana
Book DescriptionCorporate 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.
Buy Searching for a Corporate Savior book by Rakesh Khurana from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9780691120393
(229mm x 152mm x 20mm)
Imprint: Princeton University Press
Publisher: Princeton University Press
Publish Date: 6-Jul-2004
Country of Publication: United States
Books By Author Rakesh Khurana
Handbook for Teaching Leadership, Hardback (November 2011)
Supports the growing demand for courses in leadership and ensures that such courses and instruction are developed with multiple considerations and best practices in mind.
From Higher Aims to Hired Hands, Paperback (March 2010)» View all books by Rakesh Khurana
Is management a profession? Should it be? Can it be? This title reveals how such questions have driven business education and shaped American management and society. It shows that university-based business schools were founded to train a professional class of managers in the mold of doctors and lawyers but have retreated from that goal.
» Have you read this book? We'd like to know what you think about it - write a review about Searching for a Corporate Savior book by Rakesh Khurana and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Author Biography - Rakesh Khurana
Rakesh Khurana is Assistant Professor of Organizational Behavior at the Harvard Business School.
Phone: 1300 36 33 32 (9am-5pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2017. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687