Most CEO’s have a ‘big item agenda’ which they implement in 5-7 years. After that, it’s time to move on to look for the next challenge. I’m not convinced that’s a bad thing in and of itself as it provides new insights and goals for the company.
Sometimes this works and sometimes the company dies due to the incompetent new CEO or is a CEO hired by a hostile takeover private equity firm to extract as much money from it as possible.
Most CEO’s have a ‘big item agenda’ which they implement in 5-7 years. After that, it’s time to move on to look for the next challenge. I’m not convinced that’s a bad thing in and of itself as it provides new insights and goals for the company.
Sometimes this works and sometimes the company dies due to the incompetent new CEO or is a CEO hired by a hostile takeover private equity firm to extract as much money from it as possible.
Nothing is 100%, so for sure.