The Phoenix Factor: Restoring Leadership Effectiveness
When a company’s strategic mission changes, even seasoned veterans with vast experience and industry knowledge can be left behind as the nature and focus of the business outgrows them. This is particularly true of individuals with real or perceived issues regarding personality and management style. What happens to executives who have successfully driven results based on previous measures of success, but are misaligned with new leadership standards?
In this issue of Executive Insights, we explore the question of what to do with a leader who has fallen out of favor but still has valuable skills to offer the organization. We identify the signals that help assess whether the individual has the potential to turn things around, regain credibility and make a strong contribution in the future.