CEOs in the late phase of their career might believe it’s a good time to switch to running a charity, there are a lot of hurdles that need to be considered.
New strategic plans are often developed with the best intentions and enthusiasm. However, often they can dry up and get put on a shelf to gather dust. The problem often comes down to the new plan being at odds with a company’s culture. Often, it is not considered when new strategic directions are created – and that oversight can create a huge obstacle to successful strategy implementation.