"Executive transitions, we are warned, must be taken very seriously. A wrong hire can erode cash, reputation, relationships, and much more. We are told that they are inflection points with enormous consequences—very high stakes indeed. But, is this narrative necessarily true, or is there more to the story that would completely change the stakes?
Yes, executive transitions are powerful lever points. And they are even more powerful when not viewed in isolation. There are other ways we could think about leadership succession, ways that could limit occasions of harm, help diversify top leadership, smooth out bumps, and steadily increase an organization’s leadership quotient internally and among its peers on a more consistent basis."
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