Chapter 1 - Prepare to win: How to create a clear transition plan


The New CEO Workbook
A Practical Guide for CEOs to Start Well and Perform Quickly
Created by Ty Wiggins

 

Having a clear transition plan before beginning as CEO will significantly impact your success. Your first days, weeks, and months will likely be a frenetic blur—a solid plan gives you structure, direction, and clear deliverables while building confidence in yourself and throughout the organization.

When done right, a thoughtful transition plan can help you:

  • Present a clear roadmap to your board and leadership team
  • Flush out real priorities of the chair and board early
  • Answer questions confidently about where you've spent your time
  • Navigate surprises without losing sight of core objectives
  • Anticipate challenges before they become pressing issues

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How The New CEO Workbook can help you

As leadership advisors, we know how difficult it can be to transition into the CEO role. In Chapter 1 Prepare to win: How to create a clear transition plan, we’ve structured the chapter by looking through the lens of legacy building and what you want to be remembered for as CEO, and then working backward to help shape your immediate priorities.

The exercises, reflections, and guidance in this workbook are intended to guide your decision making as you begin your CEO transition, and represent distilled wisdom from hundreds of successful CEOs who have navigated this exact path before you.

Key questions to address when creating your CEO transition plan:

  • How will you structure your first 30-60 days to maximize learning?
  • What do you want to be remembered by as a CEO?
  • What's your long-term vision, and how should it shape your immediate priorities?
  • What mechanisms will help you identify when your plan needs adjusting?
  • How will you balance certainty with flexibility when facing unexpected challenges?

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  Ty Wiggins

About the Author

Ty Wiggins, PhD is a leadership expert passionate about setting up new CEOs for success. As the global lead for Russell Reynolds Associates' CEO & Transitions Practice, he helps world-leading CEOs successfully transition into their roles to unlock business (and personal) success—faster.

Ty is one of only a handful of people globally with a Ph.D. in leadership transitions. He harnesses his deep academic and consulting background to provide CEOs, boards, and senior leadership with the advice, support, and insight needed to start well and perform quickly.

 

 

 

Get advice on your transition

Your first months as CEO set the trajectory for your entire tenure. Without a clear transition plan, you risk losing valuable time and momentum. Connect with one of our trusted advisors to develop the structured framework that will guide your early decisions and build confidence across your organization from day one.

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Also Available: Order your copy of The New CEO

Cover book  

Based on original research and candid conversations with CEOs from Verizon, PepsiCo, Campbell's, UPS, Whirlpool, and more, The New CEO: Lessons from CEOs on How to Start Well and Perform Quickly (Minus the Common Mistakes) examines how world-leading CEOs approach their first year in the role.

Discover their successes, their missteps, and the important lessons they learned along the way.

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The New CEO Workbook:
A practical guide for CEOs to start well and perform quickly

Fill out the form to download Chapter 1: Prepare to win