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The Critical First Days of Citigroup's New CEO

You don't get a second chance to make a first impression, the wise old saying goes. That's why the first days of new Citigroup CEO Vikram Pandit are so crucial to both his success and the company's future.

Read Michael Watkins and Dan Ciampa's advice to the new CEO, then put yourself in Pandit's shoes. What would be your first actions to right the listing financial services behemoth?

Davenport's menu of early executive actions can help anyone taking over a new leadership position:

  1. Identifiy critical alliances.
  2. Quickly get the right team in place.
  3. Secure early wins.
  4. Develop a framework for effective communication.
  5. Share your vision.
  6. Build a network for obtaining balanced advice.
What would you add to Davenport's to-do list?