Claim: in Any Field—Business, Politics, Education, Government—Those in Power Should Step Down After Five Years. Reason: the Surest Path to Success for Any Enterprise Is Revitalization Through New Leadership.
Is new leadership going to revitalize an organization, thus bringing success to it? Leadership to an organization is rudder to a ship, without too much emphasizing on the importance of leadership, I agree that those in power need to step down for better leadership when necessary. If leaders are making big mistakes, they need to step down anytime necessary. But if current leaders are leading their organizations to make significant progress, they need to stay in power for the sake of their organizations’ continuous progress.
New leaders can bring new ideas, innovation and other important resources to their organizations, which are important for the success of organizations. By the 1980s, Haier Group had debt of over CNY ¥1.4 million and suffered from dilapidated infrastructure, poor management, and lack of quality control. The company was on the verge of bankruptcy. Zhangruimin, the saver of Haier Group, introduced the sense of quality to its members by smashing 76 faulty refrigerators in front of everybody. The company started turning around in late 1980s with Zhangruimin’s disciplined management. As an avid reader of western and Japanese business, he brought Haier into international competition after cooperating with Germany Liebherr Group. This has been one of the most told stories where a new innovative leader saves an almost bankrupted company.
Under some extreme circumstances, those in power might need to step down before the end of their due time. Chairman Mao held leadership from the establishment of China till his death in 1976. Later in his leadership, he started becoming obsessive of power and started ‘culture revolution’, which brought disastrous results to china. During the Culture Revolution, many intellectuals were persecuted, all the resources were invested in producing steel and other heavy industry products, people were...