Admin's other articles

4349 The World without Bankruptcy Laws

Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]

4348 The Wirecard and Infosys Scandals are a Lesson on How NOT to Treat Whistleblowers

What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]

4347 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

4346 Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies

Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]

4345 Why Government Should Not Invest Public Money in Sports Stadiums Used by Professional Franchises

In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]

See More Article from Admin

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Visit Us

Our Partners

Search with tags

  • No tags available.

How often we hear of business leaders and CEO’s who have just taken over proclaim that they would undertake radical change in the first 100 days?

How often do we also hear politicians and other personalities promising the moon within the first 100 days?

Of course, we don’t get to know how many of these changes have transpired in reality since by the time the first 100 days are over, we would have moved on to other matters.

The point here is that in this 24/7 culture of constant change, the temptation to set ambitious targets to achieve the goals within a short time is indeed something that even the most realistic of leaders cannot resist.

However, there is a certain limit to which such announcements and agendas for change can be actualized as real world problems, be it in business or governance, are hardly going to be solved within short periods.

The misconceptions surrounding the first 100 days achievements for change and realization of goals should be rightly called so as it is often difficult to actualize change within such a short period of time.

For instance, it takes time to build a team that would be in consonance with the CEO’s vision and mission. Often, building a team with those who are comfortable with the CEO and vice versa takes time.

Next, the on the job performance of any CEO cannot be measured within the first 100 days as the lingering issues from the past leaders or the previous CEO would continue to cast a shadow over the CEO’s performance. Though in politics, it is easy to blame the previous dispensation, it is not often the case that we hear CEO’s blaming the previous management since there is certain continuity in the business world in the transition process.

The other aspect or the myth is that CEO’s can get down to business the moment they take over. It takes months and even years of patient effort for the fruits to ripen and show results and hence, new CEO’s often have to prove their mettle. This means that they need to have an extended run in their position for them to actualize change.

The reason for the 100 days myth is that business leaders like politicians have a “honeymoon” period once they take over where their employees and constituents are willing to tolerate them during this time and hence, give them a breather before they become demanding.

Therefore, it is often tempting for the business leaders to set ambitious targets for the first 100 days. Without discounting the importance of this imperative, it needs to be mentioned that having unrealistic expectations from the new CEO would be self-defeating.

Finally, change is glacial and the profound slowness with which change is actualized means that there has to be a mutual communication between the CEO and the employees that is grounded in base expectations and is contextual in nature. Only then would the floors of the company not be littered with the broken glass from the ceilings of euphoria and hyperbole.

Article Written by

Admin

Leave a reply

Your email address will not be published. Required fields are marked *

Related Posts

Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

Admin

Personal Grooming Tips for Women

Admin

Politics in Virtual Workplace

Admin