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
During tough economic times, retaining average talent presents no problem. People want a paycheck. But in good times and bad, keeping truly gifted talent remains an ongoing challenge. Finding the specialists that offer what you need poses the first problem; keeping them in your doors the second. Helping organizations and individuals achieve a more powerfulRead more
Ordinary just won’t succeed anymore. Organizations will increasingly depend on cutting-edge solutions to never-before-seen problems and clever ideas for those recurring headaches that have always plagued us. Research indicates that a handful of star performers create the vast majority of valuable ideas for their organizations. These top thinkers, who also deliver stellar results, define theRead more
People use the word “team” to mean any group of people that works for the same company, shares a common purpose, or has any degree of interdependency. Most companies don’t have teams; they have committees. Beautiful music requires more than a collection of people, however; it demands the collective efforts of professionals who devote themselves to creatingRead more
