THE BOARD’S ROLE IN CEO SELECTION Historically, incumbent CEOs anointed their successors, but that all changed in the post Sarbanes-Oxley environment that required the consideration of the entire board. Now the CEO’s job involves preparing one or two strong internal candidates—ensuring leadership continuity and the CEO’s legacy. However, selecting the rightRead more
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When the Vietnam Conflict ended in 1973, 566 military prisoners of war returned from captivity in North Vietnam. Statistics from previous wars suggested this group would suffer Post-Traumatic Stress Disorder. But they didn’t. In fact, they suffered fewer psychological problems than any other group in history every has. Why? They credited their use of humorRead more
“If you want one year of prosperity, grow grain. If you want ten years of prosperity, grow trees. If you want one hundred years of prosperity, grow people.” – Chinese Proverb Mergers, acquisitions, downsizing, and growth all require an unprecedented need for information about key executives and a framework for assessing the competencies required toRead more
Executives play in a bigger league; they play for higher stakes; and the game is for keeps. Doing the day-to-day, hands-on work doesn’t fit the job description of the executive; driving the strategy, developing the bench, and making high-caliber decisions have become the new coinage of the realm. When you understand who executives are, whatRead more
So, you want to be a consultant? What makes you think so? You like independence? Challenges? You embrace the unknown? The reality is you’ll probably be giving up a paycheck that comes on the first and fifteenth of the month, paid sick leave, paid vacation, and tuition reimbursement. In return, you’ll get what you probablyRead more
