HOW HR CAN HELP AVOID THE COSTLIEST MISTAKE ALMOST ALL CEOs MAKE Poor selection outcomes indicate businesses are measuring the wrong attributes. Consider the selection process used by General Electric to replace Jack Welch. Over a six-year search for his successor, Welch narrowed the race down to three handpicked finalists:...
THE COSTLIEST MISTAKE ALMOST ALL BUSINESSES MAKE, including Jack Welch. Poor selection outcomes indicate businesses are measuring the wrong attributes. Many studies have shown that 30 % of Fortune 500 CEOs have lasted less than three years, with two out of five new CEOs failing in their first eighteen months. 50%...
Given the war in Ukraine, the recent pandemic, and the resulting impact on our society, the world certainly offers us sufficient opportunities for disappointment. However, there is a significant difference between disappointment and dissatisfaction. Disappointment tends to result from temporary circumstances, such as those that dissipated as we worked through...
Life after being a CEO – The emotional crash after CEOs hang up their spikes. Over the past thirty years, we have noticed an almost universal issue among the CEOs we have coached. They are afraid of retiring because of boredom and not knowing what they would next do with...
Extreme differences in needs and behaviors are the first indicator of potential narcissism. Behaviors are an illusion – The closer a person’s needs correlate with their leadership style, the more authentic and predictable their actions. I participated in a continuing education webinar with psychologists and executive coaches a couple of...
While it is not typical for CEOs to immediately fire their direct reports as soon as they realize they might need to, it is our opinion that they should not wait. They absolutely must pull the trigger as soon as they realize they have lost confidence in the individual. Granted,...
