Archive for successionplanning SmartBlogs
There are three broad conclusions about Steve Ballmer’s tenure as Microsoft CEO, which will come to an end within 12 months.
The most negative is illustrated by his being laughably wrong about the iPhone and is bolstered by instant or slow-burning failures in phones (the Kin) and tablets (Surface). A pragmatist would counter by noting that the company under Ballmer more than tripled sales, doubled profits and found minor successes (such as the XBox) while preserving enterprise and services profits.[…] Continue Reading »
A.G. Lafley will be taking the helm once again as CEO of consumer-products giant Procter & Gamble.
He retired from the company four years ago and is replacing Bob McDonald, the person he identified as his successor. As a P&G alumnus, I got a note sent by Lafley to the employees of P&G. Here is his note; it reminded me of all the reasons I am grateful for having worked at that company.[…] Continue Reading »
If you’re in a senior leadership role in a large organization, there’s a good chance there is a succession plan for your position in case you get promoted, win the lottery, get hit by a bus, leave for another company or need to be replaced for poor performance.
In smart companies, an orderly replacement of high-level, critical positions is considered to be strategically important to the continued success of the company.[…] Continue Reading »
Companies and organizations will eventually have to hire a new leader. Whether due to retirement, the resignation of a president or the need for a new direction, change is inevitable. The transition between past and future leaders can be tense and uncertain. However, by focusing on your organization’s priorities, communicating effectively, and stepping up as a leader, you can strengthen your team in the face of transformation.[…] Continue Reading »
The moment after you land the corner office, you need to be thinking about who will replace you. Your legacy lies in the hands of your successor. How you are perceived by others when you are gone relies greatly on the person you select to replace you.
Think on this![…] Continue Reading »