It’s hard to part with power

Russian companies change CEOs too frequently, and future leaders don’t have enough opportunities for development. What can our businesses take from Western companies’ experience with executive search and preparing successors? INSEAD Business School professor and Ward Howell Senior Partner Stanislav Shekshnia tells us.  

Source: HBR-Russia

HBR: Many Russian companies are still led by their founders, but soon those leaders are going to step away from operational management. Who will take their place?

Shekshnia : For the past five or so years I have heard that some owner or another is getting ready to retire. I think… *

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