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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This year marks the 50th anniversary of the Apollo 13, the seventh crewed mission in the Apollo space program. No one has forgotten that part of history, but we would do well to revisit the lessons we learned fifty years ago during this time of uncertainty. James Lovell commanded the third Apollo mission that wasRead more
Authors have filled the shelves with books about leadership personality, charisma, and emotional intelligence. Arguably, leadership is a complicated and somewhat abstract concept. Therefore, before making a hiring or promotion decision, successful companies consider a candidate’s education, experience, behavior during the interview, references, and personal impressions. But too often, they overlook the critical factor thatRead more
Executives tend to be unaware of the feelings—both positive and negative—that their direct reports have about them. Knowledge of the positive emotions feels good, but ignorance of the negative emotions can create a blinder that engenders other problems. Unwittingly, executives condition their people to tell them what they want to hear, even when what theyRead more
