February 03, 2010: More about the outgoing CEO
Category: Administration - CEOs
Posted by: David M Patt
We've already told the outgoing CEO to write a transition plan for a successor and to leave quickly.
Additionally, the outgoing CEO should not launch any new initiatives, overhaul the web site, hire new staff, or sign binding vendor contracts. Leave as much as possible for the successor to decide, even if that means deferring an important decision (if time permits).
A new CEO should not be locked into arrangements and relationships set by a lame duck predecessor.
Additionally, the outgoing CEO should not launch any new initiatives, overhaul the web site, hire new staff, or sign binding vendor contracts. Leave as much as possible for the successor to decide, even if that means deferring an important decision (if time permits).
A new CEO should not be locked into arrangements and relationships set by a lame duck predecessor.
