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Won't Be In Today. Sue Dritmanis.

by Dritmanis, Sue; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2006Article 79Family. Publisher: BC Business, 2005ISSN: 1522-3213;.Subject(s): Business planning | Chief executive officers | Death | Employees -- Counseling of | Executive successionDDC classification: 050 Summary: "Human resources experts euphemistically refer to the sudden death of a company owner or key player as 'corporate loss.' It happens more often than you think, although there is only anecdotal evidence to suggest that CEOs are at greater risk of prematurely meeting their makers than the general population....Untimely deaths are the twists of fate upon which a company's fortunes turn. The demise of a competitor's key player could be seen as an advantage. But when death comes calling in your own boardroom, the repercussions are universally negative. There's the immediate emotional toll on co-workers following the announcement. The resulting drop in productivity. The scramble to fill the leadership gap. The need to placate investors and clients and quell any fears or uncertainties." (BCBUSINESS) This article examines how "a corporate loss is the ultimate test of a company's sensitivity to its employees and its ability to recover from a tragic 'what if' scenario it likely failed to anticipate."
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REF SIRS 2006 Family Article 79 (Browse shelf) Available

Articles Contained in SIRS Enduring Issues 2006.

Originally Published: Won't Be In Today, July 2005; pp. 150+.

"Human resources experts euphemistically refer to the sudden death of a company owner or key player as 'corporate loss.' It happens more often than you think, although there is only anecdotal evidence to suggest that CEOs are at greater risk of prematurely meeting their makers than the general population....Untimely deaths are the twists of fate upon which a company's fortunes turn. The demise of a competitor's key player could be seen as an advantage. But when death comes calling in your own boardroom, the repercussions are universally negative. There's the immediate emotional toll on co-workers following the announcement. The resulting drop in productivity. The scramble to fill the leadership gap. The need to placate investors and clients and quell any fears or uncertainties." (BCBUSINESS) This article examines how "a corporate loss is the ultimate test of a company's sensitivity to its employees and its ability to recover from a tragic 'what if' scenario it likely failed to anticipate."

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