Leadership is hard, and transitions to CEO are even harder. Even great CEOs stumble if not supported by the board during their psychologically difficult transition.
CEOs often have to make hard decisions on which employees need to be cut to help improve the business. Sometimes, that same scalpel may need to be applied to yourself as CEO.
In today's high-stakes market, CEOs are judged not by how they respond to crises, but by how quickly—and proactively—they move before anyone else does.