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Building a Better Executive Team
McNamar, Richard T.
16/2  (Winter 1973): 59-70

The article presents suggestions on building a better executive team. American industry takes justifiable pride in the continual improvements it has made in its management methods. Every year progressive companies spend vast sums to sharpen their executive decision-making by introducing more sophisticated management techniques. Yet all too often, the process by which they pick their managerial teams begins and ends with someone listing a few names on a memo sheet for the company vice president's consideration. Thus, day-to-day operational decisions are usually made on the basis of more complete, accurate and relevant information than is used in the most critical decisions that management is called upon to make, which is the selection of the decision-makers themselves. Position openings created by promotions, transfers, dismissals, normal staff attrition, or expansion tend logically to be filled by promoting from within. However, the process by which these promotion decisions are reached more often than not is casual and unscientific.

 

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