Let me follow up an obvious question regarding my last post. As Vineer Bhansali1 says about investing, “there’s no glory in staying too long.” But how long is too long for a leader?
We likely all know a leader who stayed too long in a role. In remaining in place, he managed to steward the organization right past the point of high returns and ride it down the back slope of decline. As I was weighing my decision during my 2022 sabbatical, I had a conversation with another CEO who had recently refused a request by his board that he extend his time in office. He said he would rather leave with more to do than to hang on too long.
The question at hand is obviously contextual, so my advice is to define your own standard in advance. Ask yourself regularly what indicators will tell you it’s the right moment to leave. Regular check-ins will help you extricate yourself from initiatives, keep you light on your feet and make sure you can let go when it’s time.
So much has been written about this topic that I’ve wondered if I have anything fresh to add to the discussion, but this topic was an obvious void on this blog. So I will draw from my own experience and my personal indicators that it’s time to go.
1. If I know what needs to happen, but don’t have the energy to do it. I heard this one first from Andy Stanley. As I was debating my decision, there were several initiatives that came up in which I was motivated to take on the challenge, even if that meant I would have to extend my time in the role to really make the initiative successful. But I can recall a day that someone raised an issue that needed addressing, and I sighed. It was something previous leadership teams had discussed at length, and we thought we’d solved it. Now here it was again, and I didn’t want to deal with it. Alarm bells went off in my head.
2. When new challenges come up, my response is backward-looking. I remember hearing myself saying more than once in response to questions, “You should have seen how bad it was when I started! It’s so much better now.” In other words, when there’s an opportunity or need to change something, you’re looking back and trying to advocate for the change that was already made, not recognizing that you’ve been around long enough that your changes might need to be changed. More alarm bells. As Tom Robbins once wrote and Andy Stanley often repeats, “When your memories exceed your dreams, the end is near.”
3. Have I stopped doing the little things? I’ve collected a number of indicators that fall within this category, though I can’t recall the sources.
- You stop asking people on Monday how their weekend was. It’s a sign you’ve stopped caring about people.
- You stop doing the foundational things that built your success. For instance, attention to building strong meeting agendas, or finding opportunities to invest in young leaders.
- You begin disengaging or even disappearing during the day, perhaps caring more about some pet projects than about the core business.
The biggest warning for me in the David and Bathsheba story (2 Samuel 11-12) is the line, “In the spring, at the time when kings go off to war, David sent Joab out with the king’s men and the whole Israelite army” (11:1). David stopped his normal behavior and abdicated his responsibility to lead from the front. He then found himself with extra time on his hands that led him into sin. Was it entitlement? Was it boredom? While he couldn’t walk away from being king, you can walk away from your leadership role if you’re not doing the little things anymore.
My friend John Pellowe, CEO of the Canadian Centre for Christian Charities, has put in four five-year terms, and he recently decided to put in one more. His decision follows his usual rigorous time of discernment when he asks himself, his team and his board, What kind of leader does the org need for the next five years? Then he asks himself, Can I become that leader?
I’ve always been impressed at this process, because it forces him to ask some deep-cutting questions, like these from Larry Putterman2:
- Are you able to continue to reinvent?
- Do you continue to have fresh ideas?
- Is a different skill set necessary?
- Can someone do the job better?
The important thing is that you think ahead to know what you’re looking for, and do regular self evaluation. Even better? Give permission to a few trusted advisors to tell you if they see warning signs. They may see things that fall in your blind spots.
References:
- How To Ride A Bucking Bull: Stay Calm And Hang On…For Now, article by Vineer Bhansali, Forbes, Sep 19, 2018
- 13 Reasons a Leader Knows It’s Time to Step Down, blog post by Larry Putterman
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