HBR On Strategy

How to Navigate a Leadership Transition

39 snips
Nov 13, 2024
Michael Watkins, a leadership expert and professor at IMD Business School, delves into the intricacies of leadership transitions. He introduces the STARS framework to help leaders match their strategies to various business scenarios. Watkins emphasizes the importance of assessing the unique context of a new role, rather than relying on past experiences. He also discusses the necessity of clear leadership mandates, showcasing how adaptability in management style can significantly impact organizational change.
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ADVICE

Crucial Early Period

  • Focus on navigating the crucial early period of a transition.
  • Early actions in a new role significantly influence others' perceptions, similar to starting high school.
INSIGHT

Adapting Transition Strategies

  • Transition strategies should be tailored to each new situation.
  • Relying on past strategies may be unproductive when transitioning to a new level, company, or culture.
INSIGHT

STARS Framework

  • Different business situations require different leadership approaches.
  • Consider the STARS framework (Startup, Turnaround, Accelerated Growth, Realignment, Sustaining Success) to assess the context.
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