Why boards fail to choose the right CEO (Fortune) – 1150 words

Posted by: Michael Contrada on Aug 13, 2012 | No Comments

By Ram Charan
August 8, 2012

Big Idea: If leadership is critical to strategic alignment then so is the leader. Ram Charan points out that the choice of CEO must begin with the Board understanding clearly the leadership requirements of the company. He contrasts the selection of Gerstner at IBM (success) with Apotheker at HP (failure). And it doesn’t have anything to do with vision!

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Author Info

Written by: Michael Contrada

mcontrada@bullrivergroup.com

Michael is a co-founder and former executive of Balanced Scorecard Collaborative and Palladium Group where he developed and applied the original strategy management methodologies at numerous Kaplan and Norton Hall of Fame companies. Currently, he is a Founding Partner of Bull River Group where he continues to help organizations achieve results through strategic alignment, business analytics and performance management.