The Abrupt CEO Turnover: Resist the Tyranny of the Now
It is perhaps a healthcare organization’s greatest fear: an unplanned, abrupt exit of a CEO. Whether that exit is due to illness, scandal, internal politics, or other reason, it forces the organization into crisis mode. A “tyranny of the now” situation arises in which the board and other senior leaders scramble to manage the present. There’s also a need for patience and factoring in the longer-term picture when a CEO leaves abruptly—the tortoises and hares of the boardroom need to join forces and proceed pragmatically.
This article by WittKieffer’s Paul Bohne outlines steps that healthcare organizations must take to deftly handle an unplanned CEO turnover: how to plan for the unexpected in advance and knowing the things that must be done immediately and those that deserve patience and deliberation.