In late June, Uber’s Travis Kalanick stepped down as CEO after receiving a letter from five board members calling for his resignation. According to reports, the company had been facing numerous problems, including sexual harassment issues in the workplace. Now that Kalanick is permanently out, Uber is working to fill the top position in the firm.
So what lessons can company leaders take away from the circumstances surrounding not only Kalanick’s resignation but the leadership crisis that preceded it? Members of Forbes Coaches Council have this to say:
4. Vision Can Birth Greatness, But Pride Can Kill It
Oftentimes, leaders who birth new ideas, are unconditionally married to it and not willing to walk away. But, the goal should be sustainability and profitability, even if that means walking away. Leaders must focus on the big picture, remembering it’s not about them. Instead, build a solid leadership team, a continuity plan to keep the business flowing and have a replacement to pass the baton to. – Tameka Williamson, Celestial & Associates Consulting
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