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Lessons from the Trenches for New CEOs: Separating Myths from Game Changers
Publish Date: January 29, 2010
Author(s): Favaro, Ken; Karlsson, Per-Ola; Katzenbach, Jon; Neilson, Gary
Abstract: CEOs operate in a new terrain today. Financial and regulatory changes have altered demands on corporate leaders. Boards hold CEOs and their teams more accountable than in the past, and fewer CEOs also hold the position of board chair. How does an incoming CEO negotiate this new environment? We’ve identified four game-changing practices that will substantially contribute to success for new CEOs: Engage the board as a strategic partner; do what only a CEO can do; find the right pace for change; and get the culture working with you.
Related Expertise Areas: Organization, Change & Leadership, Enterprise Strategy
