Every CEO has a conversation they’re avoiding. I can tell you who it’s with inside five minutes of meeting you.
It’s usually a long-tenured executive who used to be great and isn’t anymore. It’s the co-founder whose role the company has outgrown. It’s the customer who consumes 40% of your support team and generates 5% of your margin. It’s the family member on the board.
Why we avoid it
We tell ourselves it’s about loyalty. It’s not. It’s about discomfort. We’d rather carry the cost of the avoided conversation than feel the pain of having it.
The real cost
The conversation you’re avoiding is already happening — just without you. Your team is having it. Your customers are having it. Your board is having it. You’re the only one who doesn’t get a vote.
How to have it
Short. Specific. No preamble. “This role has outgrown the seat. Here’s what that means for you. Here’s what we’re going to do together over the next 90 days.” I’ve had this conversation more times than I can count. It never gets easier. It always gets cleaner.
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Bill Canady keynotes sharpen middle market executives on turnaround, profitable growth, and the 80/20 discipline behind $3B+ in enterprise value. Inquire about speaking engagements at billcanady.com.