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The CEO’s transition is a major psychological event — an identity shift that reorders their sense of self and often even their sense of meaning in life and work. But while most of the spotlight falls on the CEO, there’s another character who determines much of the outcome: the board of directors.
What happens in the early months between a new CEO and the board drastically influences the long-term outcome. A board that is simply an evaluator of the CEO will plant seeds of failure early on. In contrast, a board that steps into the role of partner and coach can