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When getting the boot is a good thing….leadership transitions are opportunities

July 27th, 2010

After the level of expectation and coverage around the BP announcement of a new CEO, the actual announcement may seem somewhat anti-climactic. I can imagine the commentary now:

BP’s board of directors felt it was time to effect a transition (gasp), and they’ve selected an American CEO in an effort to repair their image (imagine that). And Mr. Hayward seemingly gets his wish….and gets his life back.

Leadership transitions always present a unique set of challenges and priorities for those of us in the communications and reputation management business. And sudden or abrupt changes can create chaos…like the night I spent in Bethlehem searching for video crews when Bethlehem Steel changed CEO’s shortly before filing for Chapter 11, requiring an entirely new set of communications toolkits, employee videos (with subtitles) and letters to all constituencies because the new CEO had a new point of view and message.

But leadership transitions in the wake of a crisis can be a really positive thing – an opportunity to create a “fresh start” or at least mark a BC (before new CEO) and AD (after new direction) for a company struggling to preserve, protect or rebuild reputation.

It’s sort of like the first day of school…a new teacher, who (in theory) doesn’t know that you were the class clown, the brain or the homework slacker…you can (at least partially) reinvent yourself…if you change your behavior. A fresh start can be a reputation reboot….if the right changes are made to support the new leader and the new message.

BP is facing a massive loss of trust…one that that they earned by their actions and their inactions in the wake of the Gulf spill. I talked to Ad Age about this very topic…and I am optimistic that a new leader will mark the beginning of a new era for BP. But like most of you, I plan to wait and see what comes next.

cwinters Crisis Communications, Executive Visibility, General Corporate , , ,

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