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Norm R. Augustine
Technology/Civic Leader

Norm R. Augustine

A former president of the Boy Scouts of America and chair of the American Red Cross, Norm Augustine is the retired Chairman and CEO of Lockheed Martin Corporation.

Warner the Exception

Most boards of directors have age limits on their own members and on the senior members of management. This means that a lot of talent is sent to pasture before its time. But the alternative is to make individual judgments as to who is still fit and who is legally senile. Given the vagaries, politics and morale consequences of the latter, I believe most boards have it right (and I speak from the pasture).

As to the matter of under-performing talent that is well along in years, my experience is that such individuals, unlike fine wines, rarely improve with age. Yes, there are exceptions--Kurt Warner for example--but they are few and far between.

Furthermore, by next Monday morning no one will need to ask the question. The answer will be painfully evident! As the saying goes, the race is not always to the swiftest or the battle to the strongest ... but that's the way to bet.

By Norm R. Augustine

 |  January 29, 2009; 12:21 PM ET
Category:  Sports Leadership Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati  
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