At India's first Corporate Governance Exchange event, Douglas Baillie, former CEO of Hindustan Unilever and currently a director at Huhtamaki and Airtel Africa, shares insights on talent management and CEO succession.
Some of the greatest challenges companies face today have already been addressed effectively within the co-op/mutual model. From creating values and purpose-driven cultures, to attracting new talent who prioritize authentic leadership, to juggling multiple, diverse stakeholders, co-ops have provided a roadmap for other organizations.
CEOs are the mainstay of their companies – both externally and internally. They hold primary responsibility for developing and implementing forward-looking strategies and evolving corporate culture. And in our hyper-complex and fast-paced age, they are the voice of the company and architects of value creation that goes well beyond financial gain. Appointing the CEO is one of the most important decisions and extensive tasks of any board of directors.
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