Stay out of decisions if one won’t be around to help bail out the organization.
An employer should have in place a policy for the over-sixties in managerial and professional ranks. The basic rule, and one that should be clearly established and firmly enforced, is that people beyond their early sixties should ease out of major managerial responsibilities. It is a sensible rule for anyone, and not only for the executive, to stay out of decisions if one won’t be around to help bail out the company when the decisions cause trouble a few years down the road—as most of them do. The older executive should move into work one performs on one’s own rather than be the “boss.” This way, he or she specializes and concentrates ...
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