Businessweek Archives

Know When You're Getting Stale


If you’ve been running your business for 10 years or more, it’s probably time for fresh leadership. Consider bumping yourself up to chairman and getting a new CEO.

Recognize that fatigue and boredom are signs you’ve been at the helm too long.

Answer honestly: Are you resistant to new ideas and risks? If so, you may be impeding your company’s progress.

Ask yourself if you are still growing and learning. If not, that’s another sign of personal stagnation as a leader.

If you think you’re becoming too set in your views, surround yourself with people who challenge your thinking.

Ken Yancey

CEO

SCORE

Washington, D.C.


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