One of the more difficult aspects of leadership is knowing when to step aside. Often leaders in businesses/organizations tend to not want to give up their leadership/executive roles. In many cases they do have the experience….so they give value to the organization.
At times, when leadership changes hands….experinece gained is sometimes lost….mistakes made….yet an organization learns from mistakes.
The military in some ways does it right….leaders continually move upwards….experienced leaders step aside after a 2 or 3 year assignment for the next generation of leaders. After a long career…..the senior leaders retire. Younger officers know that if they do well….they will always (for the most part) be moving forward.
The challenge than is to know when to step aside.