The Art of the Executive Exit

HBR
HBR
3M ago
Leadership transitions are critical, yet the last days of a CEO's tenure are often overlooked, impacting both organizations and individuals significantly.
The Art of the Executive Exit
A What happened
In 'The Art of the Executive Exit,' the authors emphasize the significance of leadership transitions, particularly the final 100 days of a CEO's tenure, which are often neglected in comparison to the initial 100 days. Poorly managed exits can have detrimental effects on an organization, including a decline in shareholder value, disruption of strategic initiatives, and a loss of trust among stakeholders. For individuals, these transitions can lead to identity crises, strained relationships, and damaged reputations. The article highlights the need for a more structured approach to executive exits to mitigate these risks and ensure a smoother transition for both the organization and the departing leader.

Key insights

  • 1

    Importance of Leadership Transitions: Leadership transitions significantly impact organizations and individuals.

  • 2

    Neglected Final Days: The last 100 days of a CEO's tenure are often overlooked.

  • 3

    Consequences of Poor Exits: Mishandled transitions can erode shareholder value and trust.

Takeaways

Effective management of leadership transitions is crucial for organizational stability and personal reputation.

Topics

Business & Markets Strategy Management

Read the full article on HBR

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