The article reflects on the common challenges CEOs face when an initially successful executive becomes ineffective over time. It shares a personal story about an executive, Alice, whose initial contributions were immense but gradually shifted into stagnation and poor team performance. The author emphasizes the importance of spotting early warning signs of executive decline, such as hiring for past success rather than future potential, and the difficulty in making the necessary changes. Ultimately, it highlights that evolving business needs may outpace an executive's capabilities, and recognizing this early is key to preventing greater damage.
The real challenge is recognizing the early warning signs before failure happens.
When an executive has been a major contributor to success, it's easy to let loyalty or past achievements cloud your judgment.
Changing executives isn't about capability, but whether the executive right for yesterday is still right for tomorrow.
Great executives hire people who challenge them, but when they stop scaling, their hiring reflects it.
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