I am in my 10th year as president of the American Enterprise Institute. This week I asked AEI’s board of trustees to begin, over the coming year, a search for my successor.
Why? AEI is flourishing, and I’m still having a wonderful time. But succession plans work best precisely when an organization is at maximum strength. And I believe social enterprises generally thrive best when chief executives don’t stay much longer than a decade, because it’s important to refresh the organizational vision periodically and avoid becoming uniquely associated with one person…
