Recognise the stages you’ll experience during your tenure as CEO to build trust and transparency, manage expectations and adapt to change.
Most CEOs experience short-term ebbs and flows in performance. That’s confusing for boards: how can they tell if a CEO is suffering from a negative blip or a long-term problem – and how should they react? When should a leader step down?
Writing for Harvard Business Review, James M Citrin, Claudius A Hildebrand and Robert J Stark say the key is to understand the five stages of the CEO life cycle.