Unlike management, leadership is a high-risk activity with failure signalling disaster for the entire organisation. The press is full of stories of companies that have fallen victim to leadership derailment and paid a costly price. This is evident when you consider that the average tenure for a global CEO currently stands at just 2.75 years with the financial impact of replacing them typically estimated to reach £700k.
In the latest addition to our Topical Briefings pages, Roy Davis looks at the essential issues to consider when replacing senior staff.
In the latest addition to our Topical Briefings pages, Roy Davis looks at the essential issues to consider when replacing senior staff.