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Leadership in Action: The Ins and Outs of Selecting Successful Executives by Jodi J. Taylor, Valerie I. Sessa

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The Ins and Outs of Selecting Successful Executives

Valerie I. Sessa and Jodi J. Taylor

As goes an organization's top leadership, so to a large extent goes the organization. With so much riding on the success or failure of senior managers ranging from CEOs to two levels below, the selection of these executives is paramount and demands a painstaking, well-thought-out process. Despite these apparent truisms, evidence shows that many organizations have been shooting from the hip—or worse, shooting themselves in the foot—when it comes to executive selection.

Many newly selected executives are judged to be unsuccessful once in the position; estimates of the failure rate of these leaders range from 27 percent to as high as 75 percent. The reasons ...

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