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Globe and Mail
21 hours ago
- Business
- Globe and Mail
The problem with new leaders using an ‘out-with-the-old' approach
Brooke Struck is the founder and principal facilitator at Converge, which supports organizations through strategic and cultural transformation. Mike James Ross is the co-author of 'Intention: The Surprising Psychology of High Performers', former CHRO at La Maison Simons and current board member and executive advisor. A promise of light in the dark… The year 2024 set a record for CEO turnover, according to leadership advisory firm Russell Reynolds Associates, and 2025 looks like it'll be even worse. Often, a replacement executive is brought in as organizations move through natural phases. To draw an analogy to mountain climbing, reaching base camp and reaching the summit are two different phases, each with a separate skillset and each necessary to reach the ultimate goal. However, when there's a leadership change, it is all too easy for the incoming executive to lean into a convenient narrative: 'The old way of doing things doesn't cut it and that's why we need to change.' The logic of this is as attractive as it is simple – and dangerous. The urgency to adopt the new is driven by the inadequacy of the old. An executive stepping into a new role might initially have the intention to 'spend the first 45 days listening,' but once they arrive on the job and begin feeling the pressure to quickly demonstrate value, the idea of 'out with the old and in with the new' can be appealing as a lever to drive better results now. … which turns out to be a trap In vilifying the past, you run two important risks: First, while some part of how we've operated surely needs to change, this narrative completely ignores many other parts actually work well. Consider a 185-year-old company like La Maison Simons. Companies simply don't thrive and flourish for two centuries (or even two decades) without getting a lot of things right. By vilifying the past wholesale, we're casting shade too widely. Second, in criticizing processes it's perilously easy to disparage people as well. Our intention as leaders is to motivate our teams to change, but we can easily demotivate them if our words sound to them like, 'You were incompetent and doing it all wrong.' The longer way 'round is the shorter way home. While not as simple, a more effective storyline around change is one that demonstrates the continuity of past, present and future. This is especially true in older organizations with rich histories. By celebrating what came before and recognizing that it was necessary to get us where we are now, we can focus our attention with enthusiasm and excitement on the potential of what is to come. There are three elements that we've seen work in practice. Finally, here are three questions we've found helpful to keep leaders aligned during this process. By combining these approaches and mindsets, we've seen stronger commitment to change, better continuity and greater opportunities for leadership to shine across many organizations. Given that we're all living in a world that requires constant change, being anchored in what worked well can make all the difference. This column is part of Globe Careers' Leadership Lab series, where executives and experts share their views and advice about the world of work. Find all Leadership Lab stories at and guidelines for how to contribute to the column here.
Yahoo
a day ago
- Politics
- Yahoo
Vincent Schiraldi talks with WMAR after resigning from DJS position
Maryland's Department of Juvenile Services is undergoing leadership changes as Vincent Schiraldi has resigned from his position as secretary. Governor Wes Moore has selected Betsy Fox-Tolentino to lead the department moving forward. In an interview following his resignation, Schiraldi said he approached the Moore administration indicating he was ready to step down when they felt it was appropriate. "Then a week, maybe a little more than a week later, Fagan Harris the Chief of Staff called me to Annapolis and said they were going to accept that, thanked me for my service, talked about the transition stuff with the incoming person Betsy Tolentino and settled on a departure date of June 20," Schiraldi said. Despite facing calls for his resignation and negative coverage, Schiraldi believes he made positive contributions during his tenure at the department. READ MORE:
Bloomberg
05-06-2025
- Business
- Bloomberg
Citi Taps McLean as Australia ECM Head After Jahrling Exits
Citigroup Inc. 's head of equity capital markets for Australia and New Zealand is leaving the bank to pursue another opportunity. Rob Jahrling will be replaced by John McLean, said a spokesperson for the firm.
