Successful CEO Transitions
Part 3: Perspective of the New Leader
RHR International
Transitions are challenging for every CEO, but they are especially difficult for those new to the role. No matter how impressive a person’s résumé or list of past accomplishments, if the CEO candidate has not occupied the corner office before, he or she may be in for a shock.
According to research by RHR International, over 86% of new chief executives have no prior experience in the role. Any new CEO could become overwhelmed trying to cope with what would undoubtedly be a variety of pressing issues.
“keeping basic practical steps in mind during the transition process might help.”—Paul Winum, RHR INTERNATIONAL
Keeping some basic practical steps in mind during the transition process might help, such as getting out there and just listening to your people; meeting the directors to get to know the board; and creating a support network.
It’s also critically important to take care of yourself, so make time for family, friends, and other outside activities.
CEO transitions are replete with possibilities for positive change as well as risks. How the CEO transition is handled often determines whether the new CEO will succeed or fail.
Click here to read Paul’s full blog post on how to make a CEO transition successful.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
