In recent years, many companies have opted for external appointments to the CEO role, leaving internal candidates to handle awkward situations.

In the past, up to 74% of executives not considered for promotion left the company, but today they are increasingly likely to stay, potentially creating embarrassment, as unchosen executives may find themselves in unique roles, with no clarity on their contributions.

Moreover, with an increase of approximately 40% of CEOs fired in 2023, internal competition is fierce.

And while these executives can offer valuable insights, they can also become uncomfortable rivals for new leaders.

The solution is not simple: smart companies try to enhance these talents, sending positive signals within the organization.

Some, for example, are placed in strategic roles, fostering an environment of mutual respect.

A balanced approach can transform a potential rivalry into an opportunity for fruitful collaboration.

And, in this operation, the support of qualified and expert external professionals can become a very precious tool for growth.