“Good governance is key to long-term success, especially in family-owned business, where stakeholder relationships are often complex,” says Sonny Iqbal, co-leader of Egon Zehnder’s Global Family Business Advisory.
On average, CIOs leave companies every four years, often spurred by broad changes in corporate strategy or role. CIOs also exit because they can’t shake free the budget they require or they find their strategy de-emphasized.
In an interview with Manager Magazin, Michael Ensser, Managing Partner for Germany, talks about what companies should look for in candidates in the era of digitalization.
The ability to innovate quickly, effectively and repeatedly is necessary for businesses to succeed in a complex and changing environment. Egon Zehnder, a global leader in executive search and leadership advisory services, and Paradox Strategies, an innovation consulting firm co-founded by Harvard Business School professor Linda Hill, have introduced the Innovation Quotient©.
Effective onboarding can make or break an executive's success in a new role, yet an Egon Zehnder study of global HR executives and newly appointed leaders shows less than a third of organizations actively support their executives to adapt to the cultural and political climate – which rank as the top reasons new leaders fail.
The business case for diversity is driving demand for a broader talent pool, and especially for more women at executive and board level, according to Egon Zehnder.