Uphill battle for CEOs who follow veteran leaders
- September 3, 2009 |
- hemmer
Its almost predictable. New CEOs who replace longtime leaders often leave their posts after only months of service. This is something we experience across nonprofits, said Tim Wolfred, senior project director at CompassPoint Nonprofit Services and author of Managing Executive Transitions: A Guide for Nonprofits. A new executive following a founder or long-term CEO [often] becomes the unintentional interim executive.John H. Graham IV, president and CEO of ASAE & The Center for Association Leadership, said new leaders following tenured veterans face a 75 percent probability that they arent going to make it. Some recent short-timers include Gary J. Zimmerman, who… Read More