Viewed in Fortune Determining the right time for a CEO to step down is a complex challenge for corporate America. While examples like Warren Buffett’s 54-year tenure at Berkshire Hathaway show long-term success, others like Fred Kindle’s brief but impactful three-year stint at ABB illustrate the opposite. On average, CEOs in the S&P 500 serve… More
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Viewed in BCG A senior leadership team’s alignment and agility are crucial to a CEO’s success. When cohesive, this team effectively executes the CEO’s vision, but dysfunction can severely hinder organizational performance. Talented individuals alone do not guarantee team success. The challenge lies in transitioning from leading a business unit to functioning as part of… More
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Viewed in McKinsey In the McKinsey Talks Talent podcast, Dr. Tomas Chamorro-Premuzic discusses why many incompetent leaders rise to top positions and what can be done to select better leaders. Here are the key insights for CEOs: Misguided leadership selection Narcissism, overconfidence, and low emotional intelligence (EQ) often propel individuals into leadership roles, despite these… More
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