Week 24.31 The Art of Stepping Aside

Week 24.31 The Art of Stepping Aside


The art of stepping aside has been in the spotlight recently due to a high-profile leadership transition in American politics capturing national attention. This unexpected shift has not only energized a major political campaign but has injected new vitality into the national discourse. The decision to pass the torch to a new generation of leadership has sparked conversations about timing, legacy, and the nature of power itself. In politics, business, or any other sphere, such high-profile transitions are stark reminders of a leader's crucial ability to relinquish power. They highlight that recognizing when to step aside is a key aspect of leadership, requiring courage, compassion, and the ability to subdue one's ego.


Great leaders possess the self-awareness to recognize when their time at the helm draws close. This acknowledgment of limitations is a crucial yet often overlooked aspect of leadership. Many struggle to recognize when their effectiveness has waned, clinging to power long past their prime. This can lead to stagnation, missed opportunities, and even damage to the organization's long-term prospects. True visionaries, however, model the importance of putting the organization's needs above personal desires. They understand that their legacy isn't just about personal achievements and ensuring their organization's continued success and growth beyond their tenure. A new generation of leadership cannot rise to authority without the current authority stepping away, and it’s better to step down too early rather than too late.?

Effective succession planning is a cornerstone of enduring leadership. Too many leaders admire the gains made during their tenure without preparing the organization to sustain the progress after their departure. Succession planning involves identifying potential successors early, providing them with opportunities to grow, and gradually increasing their responsibilities. This process of mentorship and gradual transition is a masterclass in preparing the next generation of leaders. It's not a matter of simply choosing a replacement but of cultivating a pipeline of talent that can sustain the organization for years to come. By investing time and energy in developing their successors, great leaders inspire and motivate, ensuring their organizations are left in capable hands, ready to face future challenges and opportunities, and continue to build upon each previous leader’s progress. A leader’s legacy includes what and how they leave an organization behind them.

A critical aspect of a successful leadership transition is the public endorsement of the successor. Outgoing leaders accomplish several crucial objectives by openly affirming the new leader's capabilities and authority. They boost the successor's confidence, reassure stakeholders of leadership continuity, and legitimize the new leader's authority in the eyes of the organization. This public handover is a powerful example of how to transfer leadership gracefully and effectively, minimizing potential resistance and ensuring continuity of vision. It demonstrates a commitment to the organization's future success over personal ego and allows them to leave with grace.


In life and leadership, the lessons from these transitions resonate deeply. Effective leadership isn't solely about our accomplishments during our tenure but also about how we prepare for the future beyond our time. It requires honest self-reflection about our capabilities and limitations, the ability to identify and nurture potential leaders, and the grace to step aside when the time comes. For those we lead and love, our greatest legacy may not be what we achieve ourselves but how we empower and prepare others to carry the torch forward. By embracing these timeless principles of succession planning and mentorship, we can create a lasting impact that extends far beyond our leadership, fostering progress for future generations.

With love, gratitude and wonder.

Scott

The $10B Confidence Premium by Claudius A. Hildebrand

Claudius challenges the conventional wisdom of rapid success for new CEOs, highlighting the hidden costs of rushing to prove oneself in the initial 90 days. The authors argue that building genuine confidence among stakeholders is a marathon, not a sprint, typically taking up to two years. Through a study combining quantitative analysis of 1,400 S&P 500 CEOs and qualitative interviews, they demonstrate how methodical confidence-building in the early years can significantly increase enterprise value, potentially adding billions to a company's worth.

He outlines six key practices for new CEOs to build lasting confidence and success. These include setting a deliberate pace, choosing strategic battles, aligning the leadership team, engaging stakeholders effectively, communicating clearly and consistently, and investing in personal growth. By following these practices, CEOs can establish a strong foundation for long-term value creation and strategic success, moving beyond the pressures of short-term expectations to create lasting impact and stakeholder trust.

Harris Campaign Taps Into Cultural Branding To Ignite Voters by Dr. Marcus Collins

Marcus discusses President Joe Biden's sudden withdrawal from his reelection campaign and the subsequent announcement of Vice President Kamala Harris's bid for the presidency. Harris's campaign has seen unprecedented success, raising record-breaking funds, inspiring supporter-organized events, and securing numerous endorsements. The author attributes this success to Harris's use of "cultural branding," a marketing strategy that focuses on connecting with consumers through shared ideologies rather than traditional product-focused approaches.

He compares Harris's campaign to those of Barack Obama in 2007 and Donald Trump in 2016, which also employed cultural branding techniques. Harris's campaign centers on the concept of freedom, positioning her as a symbol of democratized liberty in contrast to the perceived threats to various freedoms under the current political climate. This approach has resonated with diverse groups of Americans, leading to widespread support and narrowing the gap between Harris and Trump in the polls. The author concludes that voters will ultimately choose a candidate based on ideological alignment rather than traditional political qualifications.

Book Recommendation: Modern Achievement by Asheesh Advani

Proud to announce the upcoming release of "Modern Achievement," a book co-authored by the speaker, Marshall Goldsmith , and illustrated by Ayse (Eye-Shay) Birsel . Set to launch on August 13 in the US, with international releases to follow, the book aims to provide future leaders with tools to redefine achievement as an iterative process rather than a fixed goal. The authors are donating all proceeds to Junior Achievement, making it a philanthropic endeavor.

The book has received praise from notable figures, including Jim Yong Kim, former World Bank president, who called it a "must-read" and a future "modern classic." Bestselling author Daniel Pink also commended the work as "a profoundly useful framework for thriving in turbulent times." Asheesh hope that the book will help reshape traditional concepts of success, particularly for achievement-oriented young people worldwide, and promises to share more information on social media as the launch date approaches.

Pre-order your copy today: https://bit.ly/3weZCXs.

An insightful and wise post.

回复
Laurie Hawco

Head of Product Growth at Rypple.ai | AI-Powered Leadership Coaching | Digital Innovation & Growth Expert

7 个月

The recent high-profile leadership changes underscore a vital yet often overlooked aspect of leadership: the courage to step aside. From my experience, this transition isn't just about recognizing when to relinquish power but also about fostering a culture of continuous development. Effective leaders actively nurture their teams, creating an environment where potential successors can thrive and innovate. Doing so ensures a seamless transition and the organization's enduring success. Investing in mentorship and openly endorsing the next generation instills confidence and stability, showcasing true commitment to the organization's future.

Claudius A. Hildebrand

High Performance Coach, Student of Leadership, CEO Advisor at Spencer Stuart

7 个月

Great perspective! ??

Mark C. Thompson

Ranked World's #1 CEO Coach | Thinkers50 "Coaching Legend" | NYTimes Bestselling Author | CEO Readiness Book with Harvard Bus Review 2025

7 个月

Insightful! Right on target for this moment in history!

Navid Nazemian, PCC

Ranked as World‘s #1 Executive Coach, Bestselling Author, Keynote Speaker, NED

7 个月

Thanks ?? for the shoutout Scott Osman, much appreciated. It’s truly humbling to be mentioned as one of your supporters ???? As I say it in #MasteringExecutiveTransitions, whilst focusing on the first 90–120 days in a new executive role is important, it is nowhere near sufficient! Which is one of the reasons why the Double Diamond ?? ?? Framework of Executive Transitions is a 12-18 months journey that consists of 7 phases, of which only 1 focuses on the First 90 Days in an executive role. Coming back to your point: It is often overlooked that the last 90–120 days in an executive role are equally important. When googling “Making the most of your first 90 days” the search engine delivered over 9.3 billion results in October 2020. Whereas “Making the most of your last 90 days” delivered only 57 million results, less than 1% of that. An outgoing executive ought to continue to act in a manner that would enhance the chances of leaving behind a leadership legacy that outlasts their tenure in the organization. And what most executives don’t realize is their legacy is often fully defined only AFTER they have departed from the organization. That is another reason why I dedicated the last chapter in my book to ?Your Last 90 Days“.

要查看或添加评论,请登录

Scott Osman的更多文章

  • The Four Capitals of Flourishing Leadership

    The Four Capitals of Flourishing Leadership

    On a morning walk, I listened to a podcast conversation. Ezra Klein and Gillian Tett, a Financial Times columnist with…

    5 条评论
  • Leadership Lessons from the Moguls

    Leadership Lessons from the Moguls

    Last weekend, I found myself on the slopes, tackling the moguls that have historically challenged me. My ski instructor…

    22 条评论
  • The Art of Forgetting

    The Art of Forgetting

    This week, I found myself captivated by Zohar Atkins' excellent newsletter "What Is Called Thinking." I regularly read…

    26 条评论
  • Watching Icebergs

    Watching Icebergs

    Last week, I attended a funeral with my father where he delivered a eulogy for his friend of fifty years. As…

    33 条评论
  • After Endgame

    After Endgame

    Last weekend, I found myself at the Soho Playhouse in New York, watching a show called "After Endgame by Kevin James…

    16 条评论
  • Five Minutes

    Five Minutes

    For nearly half a century, Saturday Night Live has been more than just a television show – it's been a cultural force…

    24 条评论
  • Communal Delight

    Communal Delight

    Last weekend, I found myself in the intimate setting of Zankel Hall at Carnegie Hall, witnessing an extraordinary…

    12 条评论
  • Click! - The power of a perfect fit

    Click! - The power of a perfect fit

    This week, I enjoyed listening to my good friend Sandy Ogg's new podcast, "Sandy on Talent." Sandy's insights on…

    10 条评论
  • Start Without Limitations

    Start Without Limitations

    One of the things I love most about the start of a new year is how it opens us up to new thinking, ideas, and…

    14 条评论
  • Perfect Partners

    Perfect Partners

    Last weekend, I had the pleasure of attending the wedding of Alexa, the daughter of my dear friend Jane. The occasion…

    14 条评论

社区洞察

其他会员也浏览了