10 Leadership Lessons of Hiring and Firing 
 
1.      Don’t change the two most important people in the organization at the same time.
2.      Don’t let the last business leader choose the next one.
3.      Groom successors from within when you have a winning team.
4.      Keep the most important support staff intact when the top jobs change.
5.      Appoint someone big enough for the job.
6.      Get the cultural fit right.
7.      Manage the management’s communication.
8.      Be decisive. Know when it’s the right time to stop the rot.
9.      Don’t let the news leak.
10.   Have a credible new plan.

Read more about these 10 lessons in this article on Forbes.com