Dennis Carey Corporate Strategies

As part of an article that Dennis Carey co-authored and that was published in the Wharton Leadership Digest he discusses the benefit for new CEOs of meeting with experienced CEOs.  He explains that,

“On top of the general problem of harnessing the energies of a company comes the simple fact that a CEO may be very unfamiliar with some core responsibilities.  Most new CEOs have never chaired a board meeting.  Some may never even have attended one. Most have never had to forge a working relationship with a board-selected “lead director.” Outside the boardroom, issues such as advertising, human resources, the press, Wall Street analysts, mergers, and board member recruitment, which consumer large amounts of a CEO’s time and attention, are activities that most senior executives below the top job may have dealt with on only a very limited basis.”