How top headhunters look at CEO positions.

A top Headhunters perspective on CEO positions.

 The article is from before the global economic downturn (spring 2007) and written by Kevin Kelly (CEO of Heidrick & Struggels) and describes some interesting aspects of looking at CEO positions. Some of the points he makes about success factors of a new CEO:

  •  55% of global organisations do not have succession plans in place
  • The cost of a failed hire is at least four times salary and bonus
  • The CEO has to focus on 4 phases in his first period in charge: anticipation, exploration, building, and contributing
  • The morale of an organisation is crucial when a new leader takes over. There are two key elements in understanding and changing morale: First, people what to be part of a winning team. Second, in any organisation there is good news.
  • The best CEOs are adept in applying their analytical skills and their emotional skills at the right times
  • The best CEOs have an innate ability to identify what needs to be done today and what can wait

 For the full article:

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