The Psychology of Business:
Behind the Scenes of CEO Succession
Published on October 18, 2005
See
this article in HBSCNY.org ››
Hardly a day goes by without a story about CEO succession appearing
in the news. Prominent and not-so-prominent CEOs get fired, step
down under pressure, or retire, and the ensuing transition to
new leadership creates uncertainty, strain, and drama for these
organizations. It also creates opportunity.
Behind the scenes there is plenty of drama, as complex relationships,
organizational denial, and powerful personalities all play out
under great scrutiny and with high stakes. The process of moving
out a standing CEO, and then finding the right match of personality
and skills to the culture and business challenges of an organization,
is quite complex.
Dr. Kerry J. Sulkowicz advises CEOs and Boards of Directors
on the psychological aspects of leadership transitions and other
critical points in a company's life cycle. He helps boards think
through the process of replacing current CEOs, assesses internal
and external candidates for the job, and facilitates the onboarding
of new leaders.
A psychiatrist and psychoanalyst by training, Dr. Sulkowicz
consults to Fortune Global 1000 companies on various psychological
aspects of managing complex organizations. Dr. Sulkowicz is the
Founding Principal of The Boswell Group LLC, a consulting firm
focusing on the psychology of business. His consulting work over
the past decade has been a direct application of his clinical
expertise in understanding human behavior.
Dr. Sulkowicz works primarily with senior executives in highly
successful organizations who find it essential to have an ongoing
opportunity to discuss the people side of work, particularly
the most sensitive and ambiguous issues that arise in the course
of doing business. In addition to CEO succession, these include
top management team dynamics, board/management relationships
and governance dynamics, and corporate crises.
A Contributing Writer at Fast Company magazine, Dr. Sulkowicz
writes the monthly “Corporate Shrink” column, in
which he responds to readers’ questions on the psychology
of business. His article “Worse than Enemies: The CEO’s
Dangerous Confidant” appeared in the February 2004 issue
of the Harvard Business Review. His work has been featured in
The New York Times, The Wall Street Journal,
Fortune, Time, Fortune Small Business, The New York Observer,
The Robb Report, and WebMD,
among other publications.
A Texas native and graduate of Harvard College, Dr. Sulkowicz
earned his M.D. from the University of Texas and was a Resident
and Chief Resident in psychiatry at New York University Medical
Center and Bellevue Hospital. He is a Clinical Professor of Psychiatry
at New York University School of Medicine, where he received
the Distinguished Teacher Award in 1996.
This event took place on Tuesday, October 18, 2005 at Thomas
Weisel Partners, 390 Park Avenue (54th Street), 2nd Floor. It
was organized by Alex Daniels ’95, Angela Piscitello '95.
The Harvard Business School Club of Greater New York, Inc.
350 Fifth Avenue, Suite 1414, New York, NY 10118
Tel: 212-947-5544 Fax: 212-947-5540
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