Given that the job description of a CEO or someone in a general management role is likely to be fairly similar give or take a few nuances of the business. So why doesn’t every new hire succeed? When a senior executive moves between organizations, what they tend to leave behind is the social capital. They leave behind the teams that they had built strong ties with over the years. They leave behind the goodwill generated in the old company’s ecosystem that gave them more leeway when they faltered. It is no wonder that a new CEO often tends to bring in at least a few key people from the old company.