Bill Canady says 70% of newly appointed CEOs fail. Success depends on building a strong team, understanding what partners and board members expect, and adapting your leadership style to match the organization's pace. These skills take a career to develop.
That doesn't happen overnight. About 70% of the CEOs who come in for this, they don't make it. And, uh, and so it's this ability to build a team, understand what your partners and the board and your LPs want, and keep that team together. Yes. How have you, how have you made that work through your career? I mean, you've had an extraordinary amount of success.
Well, as I said, when you are in a situation where the entire team is already, uh, structured around that time horizon. You know, for the moment, I have the shortest possible time horizon. It's simply adapting to that. And I think the style, the level of decisions, the dynamics, you simply need to adapt.
