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What happens when a new CEO is genuinely willing to walk away from a major account?

From: Ch 15: The Test

The client often comes back with a bigger commitment. Kris Kluver, in The Dysfunctional Family Office, captures the outcome of Gail Mitchell's confrontation with a skeptical procurement director. Gail told the client plainly that Mitchell Industries didn't need every account. They needed the right ones. If the client didn't trust her, they shouldn't work together. She'd rather lose the $8.2 million than pretend the partnership would work. Three weeks later the client called. The procurement director wanted to renew, doubled the contract, and said directly that she wanted to work with someone who wasn't afraid to tell her the truth. The pattern matters. Willingness to walk away is what most clients are actually testing for in a leadership transition. The new CEO who can afford to walk reads as a real leader. The new CEO who can't reads as someone playing dress-up in the founder's chair. The willingness has to be real, not performed.

Also asked

  • willing to lose client wins it
  • doubled account by being willing to lose it
  • the moment I told the client I'd rather walk than apologize, she came back with a bigger contract