DocumentCode
2077097
Title
Notice of Retraction
Managerial Turnover and Strategic Turnaround
Author
Ding Li-li ; Liu Xin-min ; Wu Shi-jian
Author_Institution
Coll. of Econ. & Manage., Shandong Univ. of Sci. & Technol., Qingdao, China
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Many argues that the surest route to strategy turnaround involves managerial turnover, yet little guidance is available for deciding exactly when CEOs should be replaced and who should succeed them. This article offers suggestions for decision makers (i.e., the board) who must deal with a business´s continuing poor performance by determining whether the current CEO or a replacement should lead a turnaround effort. We present a competitive analysis that managerial turnover should be cost-justified based on the online decision theory. Furthermore, considering the type of adaptation difficulty and the severity of strategic problems, we point out that a new CEO possessing appropriate predispositions and skills should be selected.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Many argues that the surest route to strategy turnaround involves managerial turnover, yet little guidance is available for deciding exactly when CEOs should be replaced and who should succeed them. This article offers suggestions for decision makers (i.e., the board) who must deal with a business´s continuing poor performance by determining whether the current CEO or a replacement should lead a turnaround effort. We present a competitive analysis that managerial turnover should be cost-justified based on the online decision theory. Furthermore, considering the type of adaptation difficulty and the severity of strategic problems, we point out that a new CEO possessing appropriate predispositions and skills should be selected.
Keywords
decision theory; human resource management; personnel; competitive analysis; managerial turnover; online decision theory; strategic turnaround; Analytical models; Board of Directors; Costs; Decision theory; Educational institutions; Environmental economics; Guidelines; Performance loss; Qualifications; Technology management;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Type
conf
DOI
10.1109/ICMSS.2009.5301186
Filename
5301186
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