Steve Jobs’s resignation as CEO of Apple is a good reminder for leaders everywhere, and at every level, to ponder the question, “What will happen when I leave?”, whether “leaving” means quitting, retiring, getting promoted, being fired or laid off, or dying. And it’s not a question reserved only for legendary founding CEO’s of mammoth multinational corporations. It’s a question for every manager, leaders of teams large and small.
“What could happen when, for whatever reason, you leave?”
Three distinct possibilities exist:
1. Things will fall apart (a lot, or maybe just a little). In its August 26, 2011 issue, USA Today reported University of Illinois Professor Heitor Almeida’s claim that “companies with founding CEO’s tend to outperform and have 10% to 20% higher valuations than firms without”, and that “firms that lose their founder CEO often struggle, as was the case at Starbucks, Wal-Mart, Charles Schwab and Apple itself after Jobs left the first time in 1985.”
I’d be willing to bet that being a “founding” leader has less to do with this phenomenon than being a strong or iconic one. GE’s Jack Welch comes to mind.
The organization (team, branch, department, division, corporation – whatever) whose success is so closely tied to the personage of its leader at any given moment that it can’t survive that leader’s departure isn’t really all that great an organization, is it?
2. The business or team will survive, and even thrive. Leaders who build an organization around more durable principles than themselves often have the pleasure of looking back and seeing the success that came from the foundation they laid, and the work they did.
Southwest Airlines has done just fine since the retirement of co-founder Herb Kelleher as CEO. No one could be happier about that than Herb.
I could give a million other examples. I’ll give one. A manufacturer client of mine had a plant in the midwest that had endured a long history of labor problems, undoubtedly owing to a succession of plant managers who thought they were there to manage machines and production, not to lead people. The union was pretty much in charge of this particular facility, the only one of the company’s plants that was losing money. A new sheriff came to town, in the person of a new plant manager, and within 3 years, the labor troubles had subsided, the union had been deemed by the workers to no longer provide added value, and the plant was making money.
The new plant manager had fundamentally changed the leadership style in the whole factory, and his style had legs. Sadly, in his fifth year at the plant, he died unexpectedly. That was 2004. I still keep up with the HR manager at the plant, who tells me that the place is humming along nicely, and performing profitably on the foundation built by the late, greatly admired plant manager.
3. They’ll follow you where you go. This one may be the most personally rewarding, and is becoming more commonplace. We find ourselves in an age in which people are less and less tied to their organization – their employer – and perhaps more connected to individuals leaders – those who are seen as conduits to individual development and the chance to do meaningful work. For skilled leaders on the move, this may be the way to not so much leave a legacy, as to take one with you.
Many organizations espouse a desire to be an employer of choice. Our research has shown that to be a profitable course. But how realistic is it today, in a world where institutional trust is at a low point, and the “deal” in the workplace has been turned on its head?
Perhaps a greater aspiration is, on an individual level, to become a “leader of choice”. That might help answer the question, “What will happen when YOU leave?”
Richard Hadden is a leadership speaker, author, and consultant who helps organizations improve their business results by virtue of a focused, engaged, capably led workforce. He and Bill are the authors of the acclaimed business classic Contented Cows Give Better Milk, and Contented Cows MOOve Faster, and the brand new book Rebooting Leadership. Learn more about them and their work at ContentedCows.com.




My father and grandfather were both fond of using the expression, “House guests, like fish, begin to smell after three days.” They didn’t just mouth the words, though. Each paced his visits to make sure that he didn’t darken anyone’s doorstep longer than three days. Similarly, invitations to visit were issued with the three-day rule in mind. It’s one thing, though to time a visit with friends or family, but quite another to figure out when to make a career move, or to end your working career entirely.

Consistent with my established 9/11 routine, I took a trip by air this weekend, if only to thumb my nose at those who would see Americans cower or change course in the face of terrorism. This year I chose to visit the state of my birth, the only U.S. state to form by seceding from a Confederate state during the American Civil War. (There, that oughta keep some of you busy for a couple of minutes.)
In what may ultimately prove a landmark decision on workplace privacy, the 



