Daily Archives: May 27, 2009

John Gapper

It has always struck me that lengthy face-offs among internal candidates within companies to become the next head, a tradition popularised by Jack Welch when he was about to step down as chairman and chief executive of General Electric, are internally destabilising.

Having two or three senior executives publicly duking it out in something akin to a medieval joust for a king’s or queen’s approval absorbs a lot of energy and exacerbates internal fiefs. Read more