When I read this Inc.com article about United Airlines and the importance of smooth leadership transitions in business, I was impressed by how a CEO and leadership had the wherewithal to leave a business on good footing. What was more impressive is that the transition has occurred during the coronavirus pandemic and that by outside observations, it has been a smooth transition from to Oscar Munoz to Scott Kirby.
All airlines have had some rough times lately. What would have happened if the former CEO didn’t have a plan? Would United be in a much rougher spot? Would Munoz have been forced to stay on while the crisis dragged on?
Transition plans matter, but can be tough to plan and implement. It forces the leader to acknowledge they won’t be there forever. It is why Summer Redstone of Viacom and Rupert Murdoch of News Corp have had such a hard time with it. Their egos and the required humility to face your mortality can be too much for many leaders, especially if they founded the company.
But if you want an entity that will outlast you, a healthy, thoughtful transition is necessary.
