Published: 17 August 2023
Executive transitions are critical inflection points that set a different course for executives and their organizations. The ripple effect of a poor transition creates significant risk and expense for both. These best practices will help leadership teams ensure a low-risk and high-impact transition.
Poorly executed executive transitions present organizations with significant risks; they can derail organizational strategy, disrupt team performance, harm culture and negatively impact company brand. Executive leadership teams need a proactive approach to executive transitions to minimize these risks.
Organizations tend to define an executive transition as a single change — someone who is new to an executive leadership role. However, this definition is limited and does not include elements such as understanding the current organizational context, building trust among team members and peers, developing a clear vision and strategy, and establishing a personal brand.
Organizations typically view transitions as a
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