Leading for the Next Act: Why CEOs Must Evolve or Step Aside

Have you ever seen a mother come up and smooth the hair of her older teenager, to the chagrin and irritation of the teen, who says, "Come on, Mom, I’m not a kid anymore." It’s an awkward moment: The parent has failed to recognize that overseeing her child’s appearance, once a good practice, is now inappropriate.

It is common sense that parents must adapt and change their roles as children grow up. But what about CEOs, who may be hired for one task, but face an entirely different one years or even months later?

Full Story: http://knowledge.wharton.upenn.edu/article.cfm?articleid=1784