Imagine that your company’s board of directors abruptly fires your long-standing and well-liked CEO and replaces him or her with a new CEO. This new CEO is an outsider and a relative of one of the board members, and is rumored to be a turnaround management CEO.
On the new CEO’s first day of work, he assembles all of the executive team and their next two layers of managers into the corporate headquarters cafeteria for an introductory speech. His tone is defiant.
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