Directors need to recognize the natural business evolution of the companies they steward, the impact of new market forces and when the current CEO’s skill set no longer matches its growth trajectory.
Don’t focus on the negative aspect of Indra Nooyi stepping aside. Focus on the incredible corporate, cultural and financial advancements that were enjoyed under her leadership and spread those statistics. Mentor the next generation.
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.