How a business replaces its chief executive often determines that firm's future. If a business does not effectively manage the transfer of power, utter turmoil can result, with profound implications not only for the CEO, but also for the other employees, the shareholders, and the community at large. Filled with inside stories from corporate boardrooms and fresh conceptual perspectives, The Hero's Farewell describes in rich detail the factors that affect executive succession. Jeffrey Sonnenfeld offers the first close examination of the critical role a CEO's departure style plays in helping, or hindering, the transfer of power. Through candid interviews with fifty prominent retired chief executives from corporations such as AT&T, Ford, Dupont, United Technologies, and Raytheon (David Rockefeller of Chase Manhattan and Thomas J. Watson, Jr. of IBM among them) and a survey of an additional three hundred top managers, Sonnenfeld identifies the four major types of leadership departure styles. These types include Monarchs, who choose not to leave voluntarily but either die in office or are overthrown; Generals, who leave reluctantly and spend their retirement planning a comeback; Ambassadors, who retain close ties with their former firms; and Governors, who willingly serve a limited time and leave to pursue new interests. Capturing the human drama of these departures and succession battles, The Hero's Farewell will fascinate anyone intrigued by power struggles in large corporations. Outlining ways to smooth out the inevitable transfers of power that corporations must face, Sonnenfeld presents essential information for all top executives and especially for CEOs.
“A vivid portrait…and thoughtful consideration of George Washington’s wisdom that couldn’t be timelier” (Kirkus Reviews, starred review). A revealing look at the first President’s Farewell Address, a still-relevant warning against partisan politics and foreign entanglements. George Washington’s Farewell Address was a prophetic letter he wrote to his fellow citizens and signed from a “parting friend,” addressing the forces he feared could destroy our democracy: hyper-partisanship, excessive debt, and foreign wars. In it, Washington called for unity among “citizens by birth or choice,” advocated moderation, defended religious pluralism, proposed a foreign policy of independence (not isolation), and proposed that education is essential to democracy. He established the precedent for the peaceful transfer of power. Washington’s urgent message was adopted by Jefferson after years of opposition and quoted by Lincoln in defense of the Union. Woodrow Wilson invoked it for nation-building; Eisenhower for Cold War; Reagan for religion. Once celebrated as civic scripture, more widely reprinted than the Declaration of Independence, the Farewell Address is now almost forgotten. Yet its message remains starkly relevant today. In Washington’s Farewell, John Avlon offers a stunning portrait of our first president and his battle to save America from self-destruction. Washington’s Farewell “brings to light Washington’s goodbye by elucidating what it meant not only during the early days of the republic, but its lasting effect through the centuries” (Library Journal, starred review). Now the Farewell Address may inspire a new generation to re-center their politics and reunite our nation through the lessons rooted in Washington’s shared experience.
Chris Hedges’s profound and unsettling examination of America in crisis is “an exceedingly…provocative book, certain to arouse controversy, but offering a point of view that needs to be heard” (Booklist), about how bitter hopelessness and malaise have resulted in a culture of sadism and hate. America, says Pulitzer Prize–winning reporter Chris Hedges, is convulsed by an array of pathologies that have arisen out of profound hopelessness, a bitter despair, and a civil society that has ceased to function. The opioid crisis; the retreat into gambling to cope with economic distress; the pornification of culture; the rise of magical thinking; the celebration of sadism, hate, and plagues of suicides are the physical manifestations of a society that is being ravaged by corporate pillage and a failed democracy. As our society unravels, we also face global upheaval caused by catastrophic climate change. All these ills presage a frightening reconfiguration of the nation and the planet. Donald Trump rode this disenchantment to power. In his “forceful and direct” (Publishers Weekly) America: The Farewell Tour, Hedges argues that neither political party, now captured by corporate power, addresses the systemic problem. Until our corporate coup d’état is reversed these diseases will grow and ravage the country. “With sharply observed detail, Hedges writes a requiem for the American dream” (Kirkus Reviews) and seeks to jolt us out of our complacency while there is still time.
This comprehensive and original study is the first to explain in detail how the Good Friday Agreement ran into trouble, why we are still some way from a final settlement, but why a return to war is most unlikely--even in an age where global terror now threatens world order more seriously than at any time in the past. This new edition of an established, authoritative text will be essential reading for students, researchers and academics of Irish politics, conflict and peace studies, and international relations.