Nov 30, 2004

CEO recruitment

Picked this up from Om Malik's blog:

Attention headhunters : If all corporations take Rice University’s advise, then you all will be looking for new gigs. In a recent study they found that that despite a sharp increase in the “number of CEOs at U.S. companies have been recruited from outside those firms, a new study suggests that boards of directors should look inside their
organizations before filling this critical position.” Love the name of the study
by Yan (Anthea) Zhang of Rice University’s Jesse H. Jones Graduate School of
Management and Nandini Rajagopalan of the University of Southern California — When The Known Devil is Better Than an Unknown God: An Empirical
Study of the Antecedents and Consequences of Relay CEO Successions


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