Google Founders Exit
Only in America. Only in Europe. Only in China. Would you have sub-50 year olds leave $billion companies to bloody “strangers” to manage. Yes, the founders of Google have had enough of reading balance sheets, profit and loss statements, taking questions during earnings calls, and dealing with Congress - what a liberation! Now, they are free like the nightingales and can go play golf and give money away. Hello Ikoyi Club! Simply, Africa is yet to manage succession planning well - the world has another case, after the closure of Alibaba’s Jack Ma.
“[Yesterday], in 2019, if the company was a person, it would be a young adult of 21 and it would be time to leave the roost. While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it’s time to assume new the role of proud parents – offering advice and love, but not daily nagging,” Larry Page and Sergey Brin said in a joint statement confirming they are stepping aside from Google.
African leaders can learn a thing or two from this. Holding on to an office for donkey years is not really the way to go
Yes indeed - in public service, we can say that. We need to learn when to pass the baton.