“Boards of directors, increasingly impatient with CEOs who donít deliver, have climbed on the execution bandwagon too. Booz Allen Hamiltonís annual study of CEO succession trends showed that forced turnover of underperforming CEOs at major corporations reached a new high in 2002, rising a staggering 70 percent from 2001 and accounting for 39 percent of all chief executive transitions. But is execution simply a matter of firing the CEO and bringing in a charismatic leader who can get on with ‘getting things done?’ Not at all.”

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