3 Steps for a Smooth CEO Transition for IBM’s Virginia Rometty
Virginia Rometty has two months to get prepared to take the helm at one of America’s oldest and most successful [...]
November 3 2011 by ChiefExecutive.net
Virginia Rometty has two months to get prepared to take the helm at one of America’s oldest and most successful companies, IBM. With more than 30 years of experience with the technology firm, Rometty has an insider’s perspective and this will play into her transition strategy.
Forbes offers Rometty a three-dimensional approach to her CEO transition strategy and suggests that she start now.
Rometty needs to keep in mind:
- The basics always apply – even though Rometty has spent her career at IBM, it is important for her to strengthen old relationships as well as build new ones
- Things are different when you’re promoted within – she will not be granted slack and there will be no honeymoon period; she needs to have her strategies prepared on day one
- She should consider adjusting her team’s and organization’s attitude – Rometty needs to determine which team members fit well into her new regime and get rid of those who will detract from the company’s forward movement