21 | Wartime vs. Peacetime CEOs

In this episode of Build Better Boards, hosts Dr. Keri Jacobs and Richard Fagerlin join Mitch Mojewski to discuss how boards can recognize whether their organization needs a “wartime” or “peacetime” CEO. They explore the traits required for each type of leadership, the circumstances that may trigger a shift, and how boards can prepare for and respond to these changing organizational needs.

• Wartime CEOs often bring disruption, boldness, risk tolerance, and a willingness to make unpopular decisions; peacetime CEOs focus on stability, stewardship, and maximizing current opportunities.
• Co-ops may face “wartime” circumstances such as financial crises, outdated asset structures, competitive pressure, or disruptive new ventures like broadband expansion.
• Boards must recognize that wartime-style leadership can conflict with cooperative cultures, requiring them to support and mentor CEOs through unpopular but necessary changes.
• Leadership needs can change with organizational seasons; some CEOs may adapt, but boards should acknowledge when a turnaround leader is only a short-term fit.
• Tools like board assessments, CEO evaluations, and strategic planning processes can help boards discern when alignment with the current leader has shifted and whether a transition is necessary.
  

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