Another One Bites The Dust: CEO of Target

May 7, 2014

By Tom Somodi

Add the Target CEO to the list of demised C-Suite members. There are reports that more CEOs moved on in 2013 compared to any year since 2008*, and an inability to accomplish change within an organization is one of the major reasons board of directors replace the CEO.

The really amazing thing is that nobody is connecting the dots that our historical way of developing, executing, and managing change while meeting the daily requirements of running a business is just not working. We are not listening to the famous words of Albert Einstein who said, “Insanity is doing the same thing over and over again and expecting different results”.

The reality is that our current approach to the subject of change is through a disjointed set of concepts, theories, promoted methodologies, and dated processes.

It is only when we begin to recognize that change can, and should, be viewed as a science with a specific set of definitions, principles, and concepts that we can break this cycle. We would not even think about sending a person to the moon without relying on the science of physics yet we continually attempt to obtain desired change without leveraging off of the science of change.

Maybe an improved CEO survival rate exists within this new science?

* https://www.challengergray.com/tags/ceo-turnover-report

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