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Navigating CEO Succession: Balancing Founder Involvement and Success Metrics

Explore the delicate balance between involving the founder in the CEO succession process and managing the risks associated with potentially disruptive changes. Learn how to navigate the transition to ensure the founder's continued involvement or departure post-succession. The search process plays a pivotal role in determining the founder's ongoing role within the company.

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Navigating CEO Succession: Balancing Founder Involvement and Success Metrics

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  1. What Can We Learn From the Wily Case? • Lew has been very successful as Wily’s CEO, but that success has actually increased the chance he’ll be replaced. At the same time, that success will also make it harder to convince him that a change is needed. • It is very important to involve the founder in the CEO search process, but doing so introduces big risks. • After the succession, the “irreplaceable” founder ideally will stay involved with the company in some capacity. However, the founder may be so disruptive that he has to leave. The search process can play an important role in whether the founder stays or goes.

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