When an organization has declining performance, a CEO who has been in office for many years is LEAST likely to ________.

Question

Quizplus · Accepted Answer

CEOs who have been in office for many years and are facing declining performance are often more inclined to stick with the strategies they know and have implemented in the past. They may attempt to improve the implementation of the existing strategy, make small adjustments, or motivate their team to work harder, rather than making significant strategic overhauls. This reluctance can stem from a deep familiarity and comfort with the current strategy, a desire to avoid the risks associated with major changes, or a belief that the existing strategy will eventually prove successful with minor tweaks and increased effort.

When an Organization Has Declining Performance, a CEO Who Has