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Leadership Transition Challenge: Evaluating Almond's Role at RSI Post-Investment

The analysis examines the leadership dilemma facing Almond at RetailSports Inc. (RSI), highlighting the lack of senior management experience that has deterred investors from supporting the firm. A proposed solution is to replace Almond with Tim Howard, a trusted executive, while keeping Almond in a strategic advisory role. This raises concerns about company morale, legal constraints, and the necessity for Almond to consider his future role in the organization's growth. Insight into effective leadership dynamics is critical amid this transitional phase.

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Leadership Transition Challenge: Evaluating Almond's Role at RSI Post-Investment

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Presentation Transcript

  1. RetailSports, Incorporated Ross Davisson Anubha Kothari Ping Wang May 22, 2001

  2. VIE Analysis

  3. Past vs. Future Leadership Needs

  4. Problem • Almond has a lack of senior management experience • Investors unwilling to invest unless there is a more experienced CEO • If a replacement were to happen, it must happen soon, before the next round of financing • Almond is not able to maintain composure

  5. Solution: Replace Almond, but keep him in a key strategic position To replace or not to replace? Pro • Better credibility with investors • The replacement, Tim Howard, is a “known good” Con • Almond is crucial to RSI’s success • Possible dip in company morale • Difficult to remove him as CEO due to legal restrictions

  6. What should Almond do? • Objectively evaluate his strengths, determine what is best for company • Ask himself about the role he wishes to play in building his company • Separate his emotions for power from the decision • Realize that the role of leadership changes as a company grows • Create array of options for his continued involvement with company and present to Board

  7. Three Delicate Situations

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