Viewed in Korn Ferry Many executives are now early leaving their new leadership roles within 44 days, causing disruption, talent loss, and decreased morale. The financial investment in recruitment, onboarding, and training is substantial. Leadership disruptions impact long-term company performance. Cultural Fit Mismatches in culture, unrealistic expectations, inadequate onboarding, and role ambiguity lead to early… More
Read more...
Viewed in Russell Reynolds This article emphasizes the persistence of Chief Financial Officer (CFO) turnover in S&P 500 companies and the evolving expectations for CFOs. Retirements, career changes, and new opportunities drive the ongoing turnover of CFOs, impacting financial strategies. Sectors such as technology and healthcare experience higher CFO turnover due to dynamic markets and… More
Read more...
Viewed in Egon Zehnder Discover how Chief Artificial Intelligence Officers (CAIOs) are leading the charge in transforming organizations through AI adoption. As artificial intelligence (AI) continues to reshape industries, the need for dedicated AI leadership roles grows even stronger. Empowering AI transformation The CAIO takes the reins of AI adoption, strategy, and innovation within organizations,… More
Read more...
Viewed in Egon Zehnder The article by Egon Zehnder delves into the evolving role of Chief Marketing Officers (CMOs) in Business-to-Business (B2B) contexts and the strategies they employ to drive success. The article highlights the transformation of B2B marketing from a support function to a strategic driver of growth. CMOs are playing a pivotal role… More
Read more...
Viewed in Spencer Stuart The Spencer Stuart “Nominating/Governance Chair Survey” presents insights into the perspectives of nominating and governance committee chairs from S&P 500 and MidCap 400 companies. Conducted in the first quarter of 2023, the survey delves into the evolving priorities and practices shaping board composition and effectiveness. Key findings include: 1. Board Composition… More
Read more...
Viewed in Spencer Stuart The article from Spencer Stuart explores the critical role that Chief Human Resources Officers (CHROs) play in CEO succession planning and its overall impact on organizational success. The article emphasizes that CEO succession planning is a complex process that requires strategic alignment between the board of directors, the current CEO, and… More
Read more...
Viewed in McKinsey Effective CEO transitions play a critical role in maintaining organizational stability, driving performance, and shaping the company’s long-term success. This McKinsey article outlines a five-step approach for successful CEO transitions: Proactive planning: Boards should establish a formal succession planning process and regularly review potential internal and external candidates. By identifying and developing… More
Read more...
Viewed in Egon Zehnder The article by Egon Zehnder sheds light on the evolving role of Chief Data Officers (CDOs) and their increasing importance in driving business transformation and innovation beyond data protection. CDOs are responsible for managing and protecting this critical asset, ensuring compliance with data regulations, and safeguarding against cyber threats. CDOs have… More
Read more...
Viewed in McKinsey The McKinsey article provides valuable insights on how boards of directors can enhance their effectiveness and create a lasting positive impact on the organizations they govern. Often, boards are preoccupied with short-term performance, but to create sustainable value, they must focus on the organization’s long-term health and resilience. To increase their long-term… More
Read more...
Viewed in Egon Zehnder The article highlights that younger generations are increasingly assuming leadership roles and bringing fresh perspectives to organizations. As digital natives, they possess a deep understanding of technology and its potential for transforming businesses. Fresh, Inclusive and collaborative Young leaders are driving a cultural shift within organizations by promoting inclusive and collaborative… More
Read more...
Viewed in Fortune According to the authors, the top 50 companies on the Fortune 500 list have significantly increased their grip on the U.S. economy, consolidating their share of profits over the years. These 50 firms, predominantly from the technology and financial sectors, have witnessed substantial growth and profitability, outpacing smaller competitors. 90% of the… More
Read more...
Viewed in Forbes The article provides an overview of the latest rankings of the world’s largest companies based on the Forbes Global 2000 list. Revenue, profits, assets, and market value The rankings are based on various factors such as revenue, profits, assets, and market value. JPMorgan Chase has regained its position as the world’s largest… More
Read more...
Viewed in BCG This inspiring article authored by four Managing Partners at Boston Consulting Group delves into the challenges faced by organizations in attracting and retaining skilled AI professionals. Impact, Technology and Culture With a growing demand for AI talent and a shortage of professionals, the competition is fierce. To succeed, companies must create a… More
Read more...
Viewed in Russell Reynolds Justus O’Brien and Dean Stamoulis, Managing Directors at Russell Reynolds Associates, advocate for leaders to embrace their imperfections and vulnerabilities in order to lead with greater effectiveness. Complexities and uncertainties The traditional ideal of a flawless CEO fails to acknowledge the complexities and uncertainties of leadership in today’s rapidly changing world…. More
Read more...
Viewed in Egon Zender Discover the critical attributes and skills that modern Chief Financial Officers (CFOs) must possess to succeed in today’s business landscape. In an insightful article from Ângela Pêgas and Bruno Carrasco, learn how the role of CFOs has evolved beyond traditional financial management, requiring them to play a more strategic role in… More
Read more...
Viewed in Harvard Business Review Change is hard, but it’s essential in order to become a great leader. Learn how you can use practical advice and tips on your journey toward becoming an empowering leader. The authors Herminia Ibarra, Claudius A. Hildebrand, and Sabine Vinck from Spencer & Stuart discuss the changing expectations of executives in… More
Read more...
Viewed in Russell Reynolds Succession planning is crucial for the success of an organization and should be a key focus for C-suite leaders and boards. However, many organizations are not taking a formal and proactive approach to succession planning, which creates strategic risks. Russell Reynolds Associates’ Global Leadership Monitor identified three common failings in succession… More
Read more...
Viewed in Fast Company The author, Angie Morgan Witkowski, addresses the issue of being overlooked and underestimated at work despite having skills and potential. She suggests that growth can only happen when you acknowledge that there are things you can do differently. Three steps can be taken to build influence and convey aspirations and talents… More
Read more...
Viewed in Bloomberg The article reports on a survey of 2,300 senior executives which found that almost half of their meetings were considered a waste of time. The executives suggested that meetings could be eliminated if they were not necessary or if the same information could be communicated via email or other means. Additionally, the… More
Read more...
Viewed in Business Insider The article discusses the importance of positive feedback and employee appreciation in the workplace, citing a survey which found that a lack of recognition was a top reason for employees to quit their jobs. The author, Molly Simpson, suggests that managers should make an effort to regularly provide specific and sincere… More
Read more...