Capitalism Passes Torch to New Generation of CEOs: Lessons for So Many Other Institutions

 Capitalism is conducting what The Wall Street Journal calls A Grand Experiment. The top leadership job - that is, the CEO position - is experiencing churn. One in nine CEOs in public companies has been replaced. And who's taking their place are younger and less experienced players. Driving this are:

" ... the swift rise of artificial intelligence, the unraveling of long-established trade practices and an unsettled economy and geopolitical order."

Why put value on experience when everything is changing? The deciders are giving a new generation a crack at achieving growth in unprecedented times. 

Other institutions might also get the message. 

The comments to this WSJ article hammer that so many of the aging in public office should also be replaced. The noise is full of mandates for term limits. 

Higher education is in shambles, ranging from a declining pool of applicants to the scramble for funding to the Epstein Files. Apollo CEO Mark Rowan is in the front lines of reform. Maybe Rowan should advocate that a graduating senior take over as the university's president. Harvard's track record for presidents hasn't been too hot.

And what about leadership in the arts? Do you have to have pedigree and wealth to even get into the scene? Why can't a hustling 20-something influencer take over a museum or the art lessons at the public library? No longer should we let the aging billionaire Leon Blacks chair those sorts of things.

A youth quake is overdue. Status-quo leaders were among those primarily caught up in the disclosures from the Epstein Files. Smirk. Did they care about us? 

In coaching I encourage youth to be influencers. That's the platform for change.

Success is a mental game. Failure comes from being done in by the “committee” in your head.

Together, we liberate your thinking. Then we change your story. And, unleash success. Meanwhile, we focus on bringing in income. That puts you in a position of strength.

Intuitive Coaching. Special expertise with transitions, becoming a solopreneur and aging. Psychic/tarot readings, upon request. Complimentary consultation with Jane Genova (Text 203-468-8579, janegenova374@gmail.com). Yes, test out the chemistry. Zero risk.

Don’t give up before the miracle.


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