Jack Dorsey announced that he is stepping down as CEO of Twitter. There is a lot of speculation around his announcement. Some commentators think he is choosing Square and Crypto over Twitter and others believe his departure is long overdue.
Let's, for a moment, take Dorsey at his word. As a Co-Founder of Twitter, he realised that he had taken the company as far as he could take it and now Parag Argawal (his successor) has what it takes for Twitter to move to a new chapter.
Leaving sometimes can be a very difficult decision. Especially, when in the case of Dorsey, you have built a billion dollar company that is part of the fabric of culture globally.
All good things come to an end. Let's look at three leadership lessons here.
1) When you create or innovate, sometimes that creation is better placed in the hands of others to ensure the legacy continues.
2) Leaving is better than blocking. It's ok to know that you have done all you can, and someone has a different skill set for the next assignment.
3) How you exit will be remembered more than how you started.
⏰Jack Dorsey knew when his time was up. Do you?