Marcie Borgal Shunk, president and founder of The Tilt Institute. Courtesy photo Smart Strategy
The recent rash of leadership transitions may have just recently caught the eye of the media, yet this conversation has dominated executive and policy committee discussions for some time. There is a dearth of up-and-coming leaders due in large part to the baby bust, or significantly smaller size of Gen X, sandwiched between the Baby Boomers and millennials. This generational phenomenon has left many firms with two choices—allow senior leaders to hold the reins longer than planned (or desired); or encourage younger leaders to take on roles for which they may not yet have the training and experience.Preparing for Transition: Building the Leadership Pipeline
When it comes to leadership transitions, there are no easy answers. Unlike corporate organizations, many law firms deploy models more akin to political spheres, switching out leaders on predetermined term limits rather than based on performance.
November 20, 2023 at 10:31 AM
11 minute read
Marcie Borgal Shunk, president and founder of The Tilt Institute. Courtesy photo
Smart Strategy
The recent rash of leadership transitions may have just recently caught the eye of the media, yet this conversation has dominated executive and policy committee discussions for some time. There is a dearth of up-and-coming leaders due in large part to the baby bust, or significantly smaller size of Gen X, sandwiched between the Baby Boomers and millennials. This generational phenomenon has left many firms with two choices—allow senior leaders to hold the reins longer than planned (or desired); or encourage younger leaders to take on roles for which they may not yet have the training and experience.
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