When leadership rhymes with stability and continuity: the 'lesson' of the Papacy
Managing succession as a cultural and strategic process to ensure continuity and innovation in leadership change
Is stability a strategic value? And how does this corporate virtue, which should be an integral part of leaders' thinking, relate to the Papacy's style of succession? Questions that are probably not ritual in the common dialectic of those who deal with management and business strategy but which remain valid even several months after the election of Pope Leo XIV, the American Robert Francis Prevost, who recently celebrated his 70th birthday. And who, from the height of his role as bishop of Rome and sovereign of the Vatican City State, is a leader. And how.
But it is not so much with respect to the figure of the pope that the theme of 'stability' should be analysed and interpreted, but rather with respect to one of the peculiarities of the Catholic Church, namely that of being an institution with over two thousand years of history and traditions behind it, handed down to this day also thanks to its ability to manage changes in leadership with rigour and method. Clear procedures, rules of communication and a shared (as well as official) vacancy of power (no pope is elected without a two-thirds majority and this has been a rule in force since 1179) have allowed it to remain stable even in the absence of a leader and to guarantee the necessary institutional clarity. The 'secret' of this stability, according to the experts at Hogan Assessments, who have studied this aspect of its establishment from a management perspective, lies precisely in a system that ritualises and reduces the risks of transitions from one pope (and thus from one leader) to another and elects the components of structure and consensus as fundamental resources of the process.
Leadership succession, in the Vatican's logic, can thus be both a symbol of continuity and renewal, and such qualities can make a CEO's fortune and a company's success. It is a pity that, according to PwC's Ceo Survey 2023, 73% of top corporate executives globally say they are concerned about business continuity during leadership transitions and that, according to other more recent studies, only 30% of companies have a succession plan that goes beyond a simple emergency solution, while only 46% of board members believe that the selection processes (for the new leader) are truly rigorous.
Federico Frattini, Dean of Polimi Graduate School of Management, offers an interesting reading of the papacy's style of succession by identifying the 'lessons' that managers can learn from it. "Of all the aspects that characterise Vatican history," he explained to Sole24ore.com, "the change of leadership is the most topical and closest to the corporate world. It is a phenomenon that is accompanied by significant complexity or a drastic drop in performance. Think of the change of hands in family businesses, when the outgoing founder and owner usually creates an impasse: managing three generational transitions is an undertaking and only one in ten manages to do it optimally'.

