The growing trend to fire CEOs quickly raises the question of when they should be let go. Should a chief executive be removed at the first hint of a difficulty, or should boards stand behind him or her.
There is a difference between good CEOs who make mistakes and CEOs who are unable to lead and drive profitable top-line growth. No CEO is mistake-free. Tom Neff looks at why it may be better to support a CEO in crisis rather than immediately look at finding a replacement.
Read the full article first published on Businessweek.com on 19 February 2008.