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Lessons from a Turnaround Expert

HBR IdeaCast

NOTE

Embrace Change Before Boredom Sets In

A leader's tenure often spans several years, during which self-awareness is crucial. Recognizing personal boredom and a lack of challenges indicates it may be time to transition to a new opportunity. Leaders need to have the courage to make necessary changes, even if it disrupts the status quo, and be honest with themselves about the health of their business. If there’s a sense that the business might be troubled, it likely is, suggesting proactive reflection and decision-making are key to effective leadership.

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