Sometimes selecting the head of the business is quite a challenge, especially when we have a wide choice. it also happens when multiple founders incubate a business but have confusion on who should head it. you can make close to an accurate decision, based on the following criteria:
does he understand the business
what experience he has in a similar sector
He should be able to drive sourcing, production, marketing, selling, finance, systems, and HR
people’s person with good interpersonal skills
Identify these criteria amongst the founders, if you do not find any of the founders meeting these criteria then please look out for one who has.
If you have capital constraints to afford an external CEO then please select the person who is closest to criteria and get a good next-level management team who have independent expertise.