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Becoming CEO might be one of the most defining moments of your life: you've climbed the corporate ladder and are about to step into a whole new era. But the best CEOs make this not just a time of personal transition, but an institutional one; a new CEO is naturally a shock to company systems and that shock can be used to catalyze major change. Up to 90 percent of CEOs confess that they wish they'd managed their transition differently. According to a new McKinsey Quarterly article, the CEOs that make the right big moves at the start of their tenure can be up to six times more successful, and there are four major changes that can turn your first six to twelve months from a difficult time into a crowning success. Don’t miss this in-depth piece by senior partners and CEO experts Carolyn Dewar, Scott Keller, Vikram Malhotra, and Kurt Strovink that goes behind the scenes of the first months in the top job, including perspectives from more than a dozen current and former CEOs of some of the world’s biggest companies.

Starting strong: Making your CEO transition a catalyst for renewal

The best CEOs use the first six to 12 months of their tenure as a moment of great personal transition and institutional renewal. There are four keys to success.

Quote of the day

“As more and more platforms adopt blockchain technology, it will allow for token-gated experiences, where you can bring your digital persona inside a virtual space. So as more companies adopt it, people’s wallets can become containers for them to carry around all of their assets.”

—Irene-Marie Seelig, co-founder and CEO of AnamXR, on how the metaverse can create value for fashion brands in “Fashion-forward in the metaverse”

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