Last week, Anne Mulcahy, 56, announced her retirement as chief executive of Xerox after a successful eight-year run. Do too many leaders -- even effective ones -- hang on too long? What should organizations do to counteract that tendency?
Barbara Kellerman is on the faculty of the Harvard Kennedy School and the author, most recently, of "Bad Leadership and Followership."
There are certainly some cases in which single individuals continue to do good work, even after a decade or more at the top. But there is evidence that performance tends to deteriorate over time, after 10, 12 years or so of holding the reins. . . . It makes good sense for companies -- and countries -- to consider institutionalizing a system in which no single individual is allowed to remain top dog for longer than the rough equivalent of two presidential terms.
Bill Shore is founder and executive director of Share Our Strength, the nation's leading organization working to end childhood hunger in the U.S.
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