“We talk incessantly about ‘teams’ . . .”

“We talk incessantly about ‘teams’—and every study comes to the conclusion that the top management job does indeed require a team. Yet we now practice—and not only in American industry—the most extreme ‘personality cult’ of CEO supermen. And no one seems to pay the slightest attention in our present worship of these larger-than-life CEOs to the question of how and by what process they are to be succeeded—and yet, succession has always been the ultimate test of any top management and the ultimate test of any institution.”

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“We talk incessantly about ‘teams’ . . .”

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