by Arun Dhingra
For boards, the task of selecting a new CEO is fraught with more risk and uncertainty than ever before. It is no longer simply a matter of choosing a successor based on past performance or current readiness; it is a complex study in forecasting the future, assessing possibilities and mitigating risk. Our Global CEO Practice works closely with boards to identify, develop and appoint exceptional CEOs equipped to meet the challenges and define the opportunities the organization faces today and tomorrow.
We advise boards of the world’s leading organizations on CEO search and succession planning, and arm them with the information and insight needed to select the right leader for the new environment. Our work on more than 1,000 successful CEO appointments over the last five years and insights gleaned from 10,000+ senior executive assessments reveal that the strongest single predictor of leadership success in complex and ambiguous environments is leadership potential, and that it must be considered in tandem with a candidate’s past performance, experience and competencies. This proprietary model for assessing potential helps us identify and quantify the attributes that provide a strong indicator of an executive’s ability to navigate unforeseen challenges, manage through persistent change and effectively influence diverse stakeholders.
Our Global CEO Practice is comprised of 100 senior consultants from across the globe, with cross-sector expertise that includes business and industry, government and non-profit sectors. We work together as a single global team, collaborating across industries, regions and networks to provide unparalleled access to and benchmarking of the global CEO talent pool, and ensuring that boards keep CEO succession plans in alignment with changing business conditions and focused on the development of those executives with the potential to be great leaders.
Leadership for the Future
Behind today’s volatility lies a strategic opportunity for boards: To reassess what great CEO leadership looks like for their organization today, and in the future. Our CEO Practice devotes its collective resources and judgment to help boards successfully navigate the process of CEO selection and appoint effective, world-class leaders.