Seasoned Managers Strengthen Innovation Amid Disruption
Chief executives and their boards of directors are engaged in a fierce 24/7 battle to protect their most valuable assets—from manufacturing technology to cherished brands—against the forces of disruption and global competition. As I've written, they have to invest in fresh entrepreneurial talent to unleash new thinking and stay ahead of the disruption inevitable in every business.
Another critical asset is all too often neglected and ignored: the installed base of older managers who actually keep an organization running. They are on the front lines and possess the most domain expertise, whether it’s closing the books on time at the end of the month or wringing an extra penny per liter in costs out of the manufacturing process.