Stephanie Sonnabend is a director, speaker, consultant and executive coach. She consults with boards, companies and individuals on creating successful transitions. She is the former CEO and President of Sonesta Hotels, and was a member of the third generation of this publicly traded, family controlled global hospitality company. She has experienced both successful and unsuccessful transitions while working with nine of her relatives.
Transitions – sometimes they are welcomed and sometimes they are dreaded. Either way, they are never easy and when not done well can leave lasting scars. Too often, people focus on the logistical aspects of the transition and neglect the interpersonal. The departing leader, the new leader and the board all play critical roles. They […]
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