Exit Hanging on too long makes you irrelevant. Organizations change. Leaders should change too. You may not be the best person to lead your business forward. The skills that worked yesterday may not work today or tomorrow. Successful leaders know when to move-on. Are your strengths, the right strengths, to lead the organization tomorrow? How does a leader know when it’s time to step down and hand over the reins? According to Bill Brandt, author of, Compass, the issues are personal and organizational.

 “Servant leaders look at what’s right for the organization.”

Bill Brandt

13 Questions to know if it’s time to go:

  1. Have you accomplished what you wanted?
  2. Is this what you want to continue to do for the rest of your life?
  3. Is your passion shifting?
  4. Are you healthy enough to continue?
  5.  Do you have other dreams?
  6. Are you bored?
  7. Are you able to continue to reinvent?
  8. Do you have the energy?
  9. Do you continue to have fresh ideas?
  10. Is a different skill set necessary?
  11. Can someone do the job better?
  12. Have you groomed a successor and are they ready to lead?
  13. Are you placing the good of the organization first?

The first step toward stepping down: Your first decision is finding someone to help you make the decision. Find a coach or mentor you trust to give unbiased opinions and challenge your assumptions. Find this person before making any decisions. The individual should not be associated with the organization. Qualities to look for in a mentor or coach:

  1. Unbiased
  2. Can look at what’s best for you and the organization
  3. See all alternatives and solutions
  4. Validate your decision

The most important question a leader should ask is: Are you placing the good of the organization first? This is what leadership is all about. As a leader, what questions resonate with you? Are there other questions you should be asking? Why?

P.S. – Do you need an Outside Director, Advisory Board Member, Trusted Advisor,  or Interim CEO?  Someone who can help you see your business and your goals through “Fresh Eyes.”  Contact me and I will work with you to look at where you want to go and help you find the best way to get there.  Sometimes all it takes is someone with a fresh viewpoint, unencumbered by company politics or culture to help find the right solution.

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Larry Putterman
Board Director | Business Coach | Interim CEO

Avoid painful lessons learned. Let me help solve your business problems. A fresh set of eyes can show you a different set of possibilities. Use my experience to save time and money. I have been there and done that before. What makes me highly effective is my fresh viewpoint, unencumbered by company politics or culture.

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