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Executive Professionalization and Executive Selection

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  • Raelin, Joseph A.

Abstract

Executive management as a distinct occupational category from general management seems to be becoming increasingly professionalized. From a power perspective, CEOs dominate the decision-making apparatus of our major business enterprises. From an attribute approach to professionalization, there also appears to be an evolving executive skill set which could be applied across organizations and industries. Executive professionalization could contribute to the strategic leadership of our major organizations. This paper critically examines executive professionalization from both power and attribute perspectives. In particular, it considers whether the growing taste for outside successors in the CEO-selection decision results from professionalization. A database search finds that neither professionalized power considerations nor executive skills constitutes a critical basis for CEO external selection.

Suggested Citation

  • Raelin, Joseph A., 1997. "Executive Professionalization and Executive Selection," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 20(2), pages 16-27.
    • Handle: RePEc:zbw:espost:268647
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    More about this item

    Keywords

    Executive management; Professionalization; Selection; Upper echelon; Strategic leadership; Executive succession;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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