How to survive the loss of an irreplaceable leader

The challenge of replacing Jensen Huang, the visionary co-founder and CEO of Nvidia, who resigned yesterday morning amid reports of extramarital affairs, may be daunting—but it is far from unprecedented. While research shows that companies moving on from a founding CEO face a higher risk of failure or downturn than other CEO transitions, major corporations from Apple to Amazon have successfully managed the loss of a larger-than-life presence at the top of the corporate ladder. Management e...