Forbes logo Forbes 1 month ago

The Insider Succession Trap

When bad decisions force business leaders to leave their jobs, organizations often rush to replace them with insiders, who are familiar with the original problem and the former leader. Full Article at Forbes

Related Topics:

  1. General Motors
  2. Ford Motor Company
  3. Alan R. Mulally

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  1. General Motors CEO Fritz Henderson addresses the media during a news conference in Detroit, Tuesday, March 31, 2009.
  2. NEW YORK - MARCH 30: A trader stands in a shop near the New York Stock Exchange March 30, 2009 in New York City.
  3. DETROIT - MARCH 30: The General Motors world headquarters building (R) is shown near an abandoned building March 30, 2009 in Detroit, Michigan.
  4. DETROIT - MARCH 31: Fritz Henderson, the new Chief Executive Officer of General Motors, arrives at a news conference to discuss announcements made by President Obama about the Task Force on Autos and U.S. Treasury's decisions on aid to the auto industry at GM World Headquarters March 31, 2009 in...
  5. An emblem of a Saab car is covered with raindrops at an car dealership in Hamburg in this February 20, 2009 file photo.

Cast of Characters

  1. General Motors General Motors
  2. Ford Motor Company Ford Motor Company
  3. Alan R. Mulally Alan R. Mulally
  4. Boeing Boeing
  5. Barack Obama Barack Obama
  6. Ed Whitacre