Spencer Stuart Governance Letter

Succeeding at succeeding yourself
By Dennis C. Carey and Dayton Ogden
A synthesis of best CEO succession practices in 12 leading U.S. corporations. The advice includes trying to take as much of the human drama out of the process as possible.

Intro: Notes on a few of the new recruits
Spotlight: Texaco Director Mary K. Bush and Apple Director Lawrence J. Ellison

Company Index

Columnists

Quiddities Hoffer Kaback
Corporate America speaks: In contrast to the "boxtickers," the Business Roundtable has not missed the real point about what makes a good director and a good board.

Governance Gospel Harry Edelson
Turning a board inside out: Shareowners need to see through the subterfuge of so-called independent boards that are really controlled by insiders.

Guest Column Murray Weidenbaum
Proceed cautiously with this innovation: The corporate governance committee of the board is basically an experiment that has yet to demonstrate its value.

Departments

From the Chairman Nascent reforms: Japan slouches toward some common U.S. governance practices.

Editor's Note Flex point: Which way do we bend?

Director Library
The Spirit To Serve: Marriott's Way, by J.W. Marriott Jr. and Kathi Ann Browi. Reviewed by Robert E. Mittelstaedt Jr.

Corporate Espionage, by Ira Winkler. Reviewed by James B. Mintz

The Ultimate Business Library, by Stuart Crainer (with Gary Hamel). Reviewed by Robert K. Mueller

Endnote
By Gary Lutin
J. Keith Louden (1905-1994): A timeless model of the corporate director and a man who brought order and professionalism to the governance of the post-World War II American corporation.

Cover Story & Features
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