Performance Without a Pipeline: A Board's Strategic Wake-Up Call
The Board was anxious and tense. They needed a new CFO. Fast. But no internal candidate seemed “ready,” so they hired externally — again. What followed wasn’t progress. It was a disruption. The external hire didn’t understand the culture, struggled to gain trust, and left within months. The internal team, overlooked and demoralized, lost motivation. Some of the most capable people left. The company paid the price in morale, stability, and money. This wasn’t just a hiring mistake. It was a leadership pipeline failure . It’s easy to chase impressive resumes. It’s harder — but far more rewarding — to invest in your people, develop them over time, and prepare them for bigger roles. When companies ignore internal talent, they lose credibility, damage culture, and send the wrong message to future leaders: Loyalty and performance don't guarantee growth here. “Performance Without a Pipeline” Looks Like: Strong quarterly earnings Market share growth Smoo...