Finding the perfect CEO to fill your shoes takes more than an evaluation of your own role. It takes an honest assessment of what you haven't brought to the job.
"Most of our clients want in their replacement CEO a person who has every wonderful quality in the book for funding and growth, but who can also overcome all of the mistakes they've made as founding CEOs," says Colleen Aylward, founder and president of Devon James Associates Inc., a Seattle-based high-tech recruiting-and-placement firm. The list of skills and qualities that founders are looking for in a second CEO sometimes look like a superhero list, but in reality a second CEO does need many of these abilities to see a business to the next level.
The following list is a pretty typical founding CEO's wish list, based on Aylward's experience with her clients. Use it to evaluate what you might need in a CEO candidate.
The replacement, or second, CEO: