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Leaders should be changed periodically

When leaders linger long, warning signals of reduced effectiveness begin, often increasing in intensity

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BS Opinion | Leadership | corporate governance

R Gopalakrishnan 



R Gopalakrishnan

What Mark Twain said of politicians—that like diapers, they should be changed periodically — applies to business leaders as well. Exceptions apart, a healthy CEO tenure is less than 10 years. American presidency is restricted to two terms. Among Indian prime ministers — Pandit Nehru, Indira Gandhi, Rajiv Gandhi, and Manmohan Singh — all started well. After seven years in office, each of them started to lose impact. There seems to be a jinx after 7-10 years.

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First Published: Tue, August 10 2021. 23:05 IST

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