Executive Change Management: A (Simple) Democracy Comparison.
Deadly poison can be the way a executive change management is handled. However, if well planned can be even successful and adviseable. For starters, I would recommend changes time and again, as a way of introducing new breed into the system; this changes, although, should be managed carefully, as I’ve said. So, what I want to express is like a mixture:
1 – In democratic systems elections are held every period of say X years >>> Companies are not democracies, but the Board should play a similar script as the electors do.
2 – Strategic Planning and Company Policies should be defined correctly and be missundertanding-free, probably more robust than the best legal system (Constitution, Laws, etc) >>> The Executives will stick to these; the best system I’ve seen at the moment is the INFORMS‘ Strategic Planning Committee, formed by the former President, the current one, and the Elected President (past, present, and future; all three for the best of the organisation).
3 – And, of course, the split between the powers >>> Not a single Executive will have the uncontrolled power.
