Reid Hoffman, discusses, the right time for the founder of a company to hire a CEO in his blog. He explains that is essential for the founder of the company to asses how well the company is doing, and how passionate he/she is about continuing to build the company. If the founder feels that the company has not been making a great deal of progress, then they must consider bringing in a CEO. This will “bring in skills and experiences which will help scale the company” and move it in a forward direction.

I agree with this view of thinking. Although the founder has vast knowledge about the company, and is passionate about what he/she created, this does not ensure that he/she will be a good CEO in the long run. Often times the founders find it difficult to allow someone else manage their company. The job of a CEO is demanding, it requires precision and great management skills. Therefore, I feel that it is vital for founders of companies to hire someone with knowledge and experience in order to grow and develop the company. An example of this includes Unity Founder, David Helgason who eventually came to realize that he had “ stopped enjoying “running a big, complex company across five continents” ”. He was able to do self-examination, and make the decision of hiring a new CEO.

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