Business
fromFortune
2 days agoThe corner office still favors insiders | Fortune
Internal promotions dominate S&P 500 C-suite appointments, with CEOs and COOs most frequently filled by insiders, especially in larger, multiunit companies.
These numbers reflect the critical need for effective support during leadership transitions. If this sounds familiar, here's how leaders can coach someone up to replace them. COACH THEIR MINDSET AND NOT JUST THEIR SKILL SET When we hand off a role, we often default to knowledge transfer. We overemphasize tools, systems, and processes. But that is not where most leaders struggle. The deeper fear for most new leaders is internal: Will I ever be as good as you?