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Contribution Details

Type Conference Presentation
Scope Discipline-based scholarship
Title The practices and processes of new CEOs managing the post-succession period
Organization Unit
Authors
  • Shenghui Ma
  • Stéphane Guérard
  • David Seidl
Presentation Type paper
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Event Title 2014 Annual Meeting of the Academy of Management
Event Type conference
Event Location Philadelphia
Event Start Date August 1 - 2014
Event End Date August 5 - 2014
Abstract Text Taking charge is a major challenge that newly appointed chief executive officers (CEOs) has to face. In this paper, we focus on how new CEOs manage this challenge and establish influence in their organizations. Drawing on a longitudinal qualitative study of eight new CEOs, we identify important processes of managing the post-succession period. Our findings show that in order to navigate through the dynamic post-succession period, CEOs use various practices in gaining initial acceptance, establishing an inner circle, managing board-relation, adjusting top management team and initiating strategic changes. We also found that the CEO’s low accountability for performance and the high expectation of strategic change in the first year create a space for new CEOs’ agency. Our findings suggest that the post-succession period can be better understood as two processes of leader integration and strategic change, which interact and co-evolve over time. Theoretical and practical implications of our findings are discussed.
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