Hi, I'm Sam Johnson

Ceo In Transition

Role

CEO & Founder of a Mid-Sized FinTech Company in Succession Phase

Problems

Sam is grappling with the complexities of transitioning leadership to a new CEO while ensuring the company’s growth and maintaining its innovative edge. 

Pains

  • Anxiety over the company’s future performance without his direct oversight.
  • Difficulty in trusting the new leadership to uphold the company’s mission and vision.
  • Emotional stress from stepping away from the company he founded and nurtured.
  • Balancing the succession process with ongoing business challenges.
 

Jobs-To-Be-Done

Sam wants to facilitate a seamless leadership transition, ensure the company’s continued success, and find a new sense of purpose post-succession.

Motivation

Commitment to the long-term success and sustainability of the company. Desire to mentor and support the incoming leadership. Need to explore new personal and professional opportunities beyond his CEO role. Wish to spend more time with family and pursue personal interests.

Trigger

The realization that it’s time to step down, prompted by age, advice from the board, or a personal decision to change his lifestyle.

Barriers

  • Difficulty in relinquishing control and authority.
  • Concerns about finding a successor with the right vision and skills.
  • Emotional attachment to the company makes the transition process challenging.
  • Fear of losing identity and purpose post-succession.

Context

Sam is well-versed in the fintech industry and understands the importance of strategic planning. He has explored succession planning but needs support in addressing the emotional and psychological aspects of this transition.