Don’t be surprised if your company decides to change the top leadership of your organization. It really doesn’t matter what they have accomplished; it is more about if they bring the right skills and capabilities to lead an organization through the coming turbulent times.

Wil Schroter shares his thoughts on how the “Bad Times Let Companies Discover Traits that Compose Good Leaders”. He offers words of advice for the companies who are not able to change out the leader – they may be the owner or the leader is not going anywhere.

In large organizations, a leader may gain a reputation as the “fix it”, “turn around”, “builder”, “maintainer” or “start up” guru. These companies tend to place them in situations which tap into those leadership talents. Astute companies will test to see if they have the breadth to straddle more than one core leadership quality – and the payoff is evident when market conditions change.

Organizations bear the cost of development – whether they have the foresight to groom a leader or make the decision to change them out. And sometimes, the most detrimental decision is to keep the wrong person in place, especially without a support system.