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How to succeed a long-serving CEO

Jane Edden

Following a long-serving legend is not for the faint-hearted. Here’s how to maximise your chances of success – and how boards can reduce the risk of failure.

Long-serving CEOs generally deliver higher shareholder returns than shorter-serving CEOs. They may be founders and visionaries who are hard to follow. Their successors often struggle to live up to their performance and reputation. Writing in Strategy+Business, Per-Ola Karlsson, Martha Turner and Peter Gassmann look at ways to ensure a smooth, successful transition.

CHARACTERISTICS OF LONG-SERVING CEOS

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Credits:
Source Article: Succeeding The Long-Serving Legend In The Corner Office
Author(s): Per-Ola Karlsson, Martha Turner and Peter Gassmann
Publisher: Strategy+Business