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At one-year mark, CEOs decide what to change and defend

By Melanie KalmarOne year into the job, CEOs need to be able to shift priorities outlined in the strategic plan when the unexpected happens. New information from members or economic and political events that impact them, could be catalysts for changing direction.“The strongest CEO doesn’t just defend the original plan of the first 100 days because they thought it was good,” David Martin, managing director of Sterling Martin, an executive search firm based in Washington, told CEO Update. “They’ve got to assess at the end of the first year whether it’s still aligned with the needs of the organization.”Amending priorities after the first year does not mean you’ve failed.… Read More