All About Quality

Too many leaders do hang on too long. Many are permitted to do so because their boards permit terms of office that are too long.

However, if CEOs do a good job, build effective succession plans and have a feedback system from their boards, they can stay on for many years. There are others who should be forced to leave after having served only a short time.

In the end, it all depends on the quality of leadership the CEO exercises. It is that which matters, not the duration of his or her stay.

By Pablo Eisenberg

 |  May 28, 2009; 12:03 PM ET
Category:  Succession
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