Wednesday, April 02, 2008
Surviving Your New CEO
The danger of being pushed out by a new CEO is real. But so are the opportunities.
When a new CEO arrives, most senior executives worry about their jobs. Rightly so: chances are high they’ll soon find themselves out the door. Worse, they’re likely to land in a lower position or work in a smaller firm.
How to avoid these fates? Accept that many new CEOs make people decisions within 60 days—so first impressions count, say Kevin Coyne and Edward Coyne, Sr. If you want to stay, let your new chief know you’re ready to be on the team, and ask how you can help realize his vision. Then demonstrate your support through additional means—such as mirroring his working style and presenting an honest game plan for your area of responsibility.
The danger of being pushed out by a new CEO is real. But so are the opportunities—if you swiftly establish your value when the new chief arrives.
See full Article.