What questions should the new executives of their house ask during their first 100 days?

The first 100 days are considered a

Taking on the role of CEO is not only an important career step but also a great responsibility. The first 100 days are considered a "golden period" when the new leader establishes their position, builds trust, and lays the groundwork for long-term success. Asking the right questions during this phase can be crucial.

The Current State of the Company

First and foremost, the new CEO must understand the organization's strengths and weaknesses. It is important to ask:

  • What are our biggest successes in recent years?
  • What are the areas where we face the most challenges?
  • How effective are the main processes for making decisions?

Understanding Customers and the Market

It is difficult to develop an effective strategy without understanding the customer. The new director should ask:

  • What are the needs of our key customers and how are we different in the market?
  • Where are our competitive advantages, and where are the gaps?
  • How is the industry evolving, and what threats or opportunities lie ahead?

Human Capital and Team Dynamics

Employees are the most important resource for the new leader. Their motivation and engagement shape the company's success. Therefore, it is important to ask:

  • What values do employees highly appreciate?
  • What are people proud of while working here?
  • Where are the obstacles that hinder the team's productivity?

Financial and Operational Issues

In the first 100 days, it is necessary to gain a clear picture of the organization's financial foundations:

  • What are our main sources of revenue?
  • What are the largest expenses and how effectively are they managed?
  • What factors most significantly impact our profitability?

Expectations of the Board and Stakeholders

The new director must clearly understand what the members of the management and investors expect from them:

  • What is the main outcome you expect during my leadership?
  • In which areas do you think changes are urgent?
  • How will you evaluate the effectiveness of my work?

Establishing Clear Priorities

The questions should also be directed towards the future:

  • What are the three priorities I should focus on?
  • How can I ensure quick wins to build trust?
  • How should I build communication with the team and the outside world?