When Is It a Good Idea to Bring Back Your Old CEO?

See on Scoop.itLeadership

In recent weeks both J.C. Penney and Procter & Gamble replaced a sitting CEO with his predecessor. This back-to-the-future approach to succession isn’t common…

Danielle Uskovic‘s insight:

Think Jobs and Schultz. 2 of the best known back to the future CEOs that turned around the companies they founded. Companies actually prefer insiders or people they know as CEO. The familiarity and that they understand the organization are a benefit for the role.

See on pulse.me

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