--- title: "Meaning & Key Takeaway of: I was working with an extraordinarily…" description: "\"I was working with an extraordinarily successful company that was doing a CEO succession, and the board was discussing the threats to the business. The..." image: "https://sms4smile.com/quotes/i/817/justin-menkes-21538_business_i-was-working-with-an-extraordinarily-su_2882054.jpg" --- # I was working with an extraordinarily successful company… ![“I was working with an extraordinarily successful company that was doing a CEO succession, and the board was discussing the threats to the business. They were enormous, despite the company's strong market position. I then realized that there were no longer just turn-around periods for companies in…” quote by Justin Menkes](https://sms4smile.com/quotes/i/817/justin-menkes-21538_business_i-was-working-with-an-extraordinarily-su_2882054.jpg) [Download](https://sms4smile.com/quotes/i/817/justin-menkes-21538_business_i-was-working-with-an-extraordinarily-su_2882054.jpg) [Open image](https://sms4smile.com/quotes/i/817/justin-menkes-21538_business_i-was-working-with-an-extraordinarily-su_2882054.jpg) > “I was working with an extraordinarily successful company that was doing a CEO succession, and the board was discussing the threats to the business. They were enormous, despite the company's strong market position. I then realized that there were no longer just turn-around periods for companies in trouble, that now variables that could drastically effect any business's profitability were not going to go away.” [Justin Menkes](https://sms4smile.com/quotes/author/justin-menkes/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The quote highlights that even dominant firms face hidden, persistent risks beyond obvious market threats, requiring continuous vigilance. **In simple terms:** Successful companies still have hidden risks. Key Takeaway Monitor and adapt to hidden risks. Themes risk management leadership strategic planning Mood cautious analytical Type advisory strategic When to use this quote - board meetings - financial forecasting - M&A due diligence - crisis simulation Key Concepts systems thinking uncertainty resilience Questions to Reflect On - What hidden risks could affect your organization? - How can you embed continuous risk monitoring? A Different Perspective Ignoring subtle threats can lead to unexpected failures. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Ceo](https://sms4smile.com/quotes/about/ceo/) [Going away](https://sms4smile.com/quotes/about/going-away/) [Success](https://sms4smile.com/quotes/about/success/) [Successful](https://sms4smile.com/quotes/about/successful/) [Successful company](https://sms4smile.com/quotes/about/successful-company/) [Succession](https://sms4smile.com/quotes/about/succession/) [Threat](https://sms4smile.com/quotes/about/threat/) ## Related quotes > [The industry has to learn how to do CEO succession well. If your definition of success is Intel or Microsoft or HP or IBM,…](https://sms4smile.com/quotes/john-t-chambers/the-industry-has-to-learn-how-to-do-ceo-succession-well-if-your/) [John T. 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