A year ago and another good example

It was a year ago, 24 August of 2011.

Steve Jobs wrote this now famous letter to the Board of Apple:

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know.

Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve

A year has gone. Three sentences strike me when reading this today:

  • “If there ever came a day (…), I would be the first to let you know”
  • “I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple”
  • “I believe Apple’s brightest and most innovative days are ahead of it”

Here’s an excellent “Progress Report”, one year later, by Fortune’s @adamlashinsky.

So many times we realise how difficult it is to be an example in stepping down after identifying and growing a successor.

Leadership succession is yet another area where Steve Jobs has reshaped existing paradigms, for the better.

This deserves to be remembered.

Tommaso Arenare

Italy, #diverseboards and a reason for hope

It seemed just too difficult, too corageous and brave. A work of so many years. So many “no’s”, so many “it’s impossible”…

Finally, Italy did it and set a good example.

Italy’s law on gender diversity for Board of Directors of listed companies (Law n. 120/2011, dated 12 July 2011, the so-called “Golfo Mosca Law”), comes into force tomorrow, 12 August 2012.

Starting tomorrow, in essence, Italian listed or State controlled companies will need to appoint a fifth (to become a third at the following mandate) of board members as part of the “under represented gender”.

Even before tomorrow, this law has been implemented earlier by a number of Italian corporates, during the Annual General Meeting season of 2012: exceptional women were selected, overall corporate governance improved. Italian companies have rightly taken it as a great opportunity to make better use of their Boards, on the basis of more merit and competency-based selection.

I have separately described this as a great sign of good things coming and more to come.

Here, I want to take a moment to celebrate the coming into force of this law as a reason for hope.

With this, I celebrate the work of Lella Golfo and Alessia Mosca, two outstanding ladies whose own differences were turned into a joint strength. With them, I celebrate all the very many exceptional female leaders, whose talent is already making a difference for the better in Italy and in Europe.

Tommaso Arenare

www.twitter.com/tommaso_arenare