The telecommunications sector is one of the most volatile industries in terms of the tenure of chief executives of companies, who face one of the highest turnover rates, according to consulting firm Booz & Co. With recent high profile changes at the top at telecoms companies such as Alcatel-Lucent, Motorola, Vodafone and Vodacom, Michelle Mills explores the dynamics in managing succession plans in the telecoms arena and the skills set required to survive the corner office
The spate of changes of top management at leading telecoms firms across the globe in the last two years suggests that the industry is unrelenting in its pursuit of the best talent necessary to lead telecoms companies – be they technology providers or service operators – in what has become an especially complex industry.