Be Prepared For Major Backlash

The exit of founders, CEOs, CFOs and those on the top executive positions might shake the foundation of the company, which might be lethal for it. In several cases like that of Apple, the firing of Steve Jobs in 1985 almost destroyed Apple, until Jobs returned to take over the reins of Apple and take the company to a position no one could have imagined.

Hewlett Packard swapped its CEO which made it lose few of its key executives, making the future of the company hazy. The new CEO who is said to have a soft corner for enterprise software, might mean the killing of HP’s consumer electronics, starting from its killing of the webOS’ hardware.

The founders and the top executives act as the foundation on which the company is built. An exit by any of them is sure to send ripples down the company, its employees, the market, and the industry. Be it a long-pending decision or a quick strategic one, the companies should understand that it should be able to run even if one of its tires gets punctured. It should be ready for a short halt, but put back the stepney and start its journey all over again.