The STARS Portfolio Challenge: A Leader's Guide to Navigating this Important Career Transition

By: Michael D. Watkins

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Synopsis: It's possible that as a new leader in an organization, you'll encounter one of the following transition scenarios: start-up, turnaround, accelerated growth, realignment, or sustaining success. The reality, however, is that you'll rarely encounter a pure situation that fits neatly into one category. Instead, it's likely that you will inherit a complex mix of all of them--a STARS portfolio, with different parts of your organization immersed in their own unique business situations. In this chapter, transition acceleration expert Michael Watkins describes a process for conducting a STARS portfolio analysis that will help you pinpoint the different situations reflected in your organization, and shows you how to use the results to determine the right approach to creating momentum for change. This chapter was originally published as Chapter 8 of "Your Next Move: The Leader's Guide to Navigating Major Career Transitions."