In this conversation between Michael Bitar and Cristina Sacco, they discuss the challenge new leaders face when assessing the existing team. After identifying any gaps in roles and skills, how do they decide who stays and who goes, and when to bring in new talent?
This dilemma varies for each situation and demands a nuanced approach. Leaders must first recognize their own strengths and weaknesses. When they identify gaps in the team, they often turn to trusted individuals for collaboration, ensuring a smooth transition.
Deciding between keeping existing team members or bringing in new talent requires balancing stability with innovation. Leadership transitions succeed when leaders have a clear vision of the organization's goals and culture. They must evaluate who fits this vision and how each team member contributes to it.
Existing team members must adapt to new leadership by aligning personal and professional goals with organizational objectives. Embracing change and communicating expectations openly are key to staying relevant.
Michael explains how success in leadership transitions hinges on effective communication, a shared vision, and alignment of individual and organizational goals. Leaders can engage with external experts, like Protis Global, to navigate hiring challenges and empower internal talent. Partnering with firms like Protis Global can also provide organizations with insights into compensation trends, facilitating informed hiring decisions and proactive talent management strategies. Watch the full episode to learn more.