Letter to a newly appointed CEO
What to do first when assuming an executive position?
Author(s): Ian Davis
Publisher: McKinsey Quarterly
Date of publication: 2010
Summary
What should you do first when you assume an executive position? In this open letter to newly-appointed CEOs, the former managing director of McKinsey, Ian Davis, offers essential tips to navigate this transition successfully. Immersing yourself in the specific context of the organization, deciphering the expectations of each stakeholder, and rethinking your priorities and time management are all part of this exciting checklist, designed to guide professionals during a critical phase of their career.
Synopsis
This article is one of the sources used in Manageris’ synopses:
Joining the leadership team—what are the stakes?
Being appointed to a senior executive position or entering the executive committee sounds like a consecration. But the transition often proves much more difficult than imagined. How can you prepare for this major change?