Signs That It’s Time To Fire A Senior Executive

June 25, 2024

News

One of the most difficult actions a CEO must occasionally take is terminating a member of their senior leadership team. Often, these associates have a history together, and the problematic executive may have contributed significantly to the business over the years.

But business is dynamic, and circumstances change. In some cases, the same qualities that once made an executive valuable come to hinder their long-term performance. Still, it can be challenging to know if termination is the right call, especially if the leader’s performance has changed over time.