Executive Retirement and the Parade of Future Leaders
The chief executives' characteristic drive to excel and continually to reach new heights makes it hard for them to contemplate retirement. These people enjoy their work, feel they have much to offer, and often reset their goals for even greater accomplishments as they age. As top leaders face a decision on retirement, conflicts and tensions arise within themselves and with others in their organizations. The different tensions that arise in corporate leaders as they face the end of their careers such as tensions about loss of status, tensions between departing leaders and their successors, and tensions between leaders and their constituencies beyond the organization are examined in this chapter.
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