Abstract
It is always tough to get a bad CEO out of the company’s system. The executive under fire will resist, and this will inevitably lead to in-fighting. When talking about how to get rid of a bad senior executive, Dr. Neil Jacoby, my Professor of Business Strategy at UCLA in the early 1950s, advised his students to give a bad CEO enough cord so he could hang himself. This, however, takes time.
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Notes
Edward I. Koch, Mayor. An Autobiography, New York, Simon & Schuster, 1984.
Emil Ludwig, Lincoln, New York, Grosset & Dunlap, 1930.
Connie Bruck, The Predators’ Ball, New York, Penguin, 1988.
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© 2004 Dimitris N. Chorafas
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Chorafas, D.N. (2004). Mismanagement and the Firing of a Bad CEO. In: Management Risk. Palgrave Macmillan, London. https://doi.org/10.1057/9781403948106_2
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DOI: https://doi.org/10.1057/9781403948106_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51537-0
Online ISBN: 978-1-4039-4810-6
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