How a business replaces its chief executive often determines that firms future if a business does not effectively manage the transfer of power utter turmoil can result with profound implications not only for the ceo but also for the other employees the shareholders and the community at large. The heros farewell what happens when ceos retire jeffrey sonnenfeld the first close examination of the critical role a ceos departure style plays in helping or hindering the transfer of power. The heros farewell has 9 ratings and 0 reviews how a business replaces its chief executive is a vital issue for the firms future unless the transfer . However once we get beyond this antipathy we are treated to a well written cogent analysis of the ceo retirement process sonnenfelds argument is that ceos of large firms become heroes in the mythological sense. Ceos also can become heroes to the larger external society especially if they are of humble origins suffer from career setbacks have novel visions are strong promoters and have a strong spirit of civic responsibility
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