Change is and will continue to be the order of the day in todays business climate, and that can be intimidating for a first-time CEO. Any time a new chief executive is appointed - be they an internal promotion or an external hire, leading a successful company or an underperforming one - the status quo just won't cut it.

Assessing and managing change is a key part of any new CEO's job and both external and internal appointments face unique challenges. In this Q&A, Darren Raycroft shares his experience in helping first-time CEOs manage their first few critical months in a new role.

Read "Keys to success in your first CEO role" leadership insights