
Endless runway extension, but with who on board?
A snapshot of the prevailing trend of "runway extension" in 2023 reveals organisations are delaying necessary leadership changes due to financial constraints or lack of support. Despite recognising the issue, many founders hesitate to replace underperforming leaders, fearing the repercussions. However, some businesses are taking proactive steps to refresh their leadership teams, particularly in key areas like revenue, finance, product, and marketing, to drive growth amid market uncertainty.