In his 2007 book, The Global Business Leader, former INSEAD Dean J. Frank Brown warns that most business leaders cling to power far too long, becoming a source of stagnation for the organisations they run. True to his conviction, Brown limited his tenure at INSEAD to five years when he signed on as dean in 2006 – and in February he handed over management of the international business school right on schedule to the incoming dean Dipak Jain.
“Five years is about the right time to move on from a top management position. It’s better for innovation,” says Brown, who takes up a new post as managing director at General Atlantic, the US global equity group in June. “The longer you hang on, the greater the tendency to surround yourself with people who say yes. It’s not good for organisations.”
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Author: Gail Edmondson
