The decisions new CEOs make during their first few months on the job have a decisive impact on whether they ultimately succeed or fail. CEOs who are promoted from within tend to get inadequate support on the assumption that they are in familiar territory and must transform relationships with former peers, “step up” to manage the entire organization, and work more with the board of directors and key external stakeholders. CEOs hired from outside, have to quickly diagnose the organization and begin to have an impact, while adjusting to a new culture and forming critical relationships. In both scenarios, CEOs face the challenge of getting the organization to embrace and adapt to a new way of operating around a new vision.
Based on decades of experience coaching top executives in transition, our C-level coaching has proven to dramatically accelerate performance. From defining your “entry posture,” to supporting the assessment process, to providing advice on key decisions and supporting development of the leadership team, we provide CEOs with the 1:1 support they need to create early momentum, form crucial networks, build credibility, and thrive.
How Insider CEOs Succeed
In their Harvard Business Review feature article (March 2020), Michael Watkins and Witt Kieffer President and CEO Andrew Chastain have identified insiders’ five key challenges: operating in the shadow of their own past; making early decisions that surprise and disappoint supporters; overseeing former peers; pacing change; and managing the outgoing CEO.
How New CEOs Can Balance Strategy And Execution
In their HBR.org article (July 2021), Michael Watkins and Genesis Leadership Consultant Millan Alvarez-Miranda share, "As we emerge from the Covid-19 crisis, companies will need to drive short-term results while also rethinking strategy amid seismic shifts in competitive environments and ways of working."