Successful CEO Transitions: Ensuring a Smooth Transfer of Leadership

CEO changes are often associated with the exit of other senior-level executives due to disapproval of the incoming chief executive, loyalty to the old CEO, or changes to the brain trust the new CEO enacts upon succession. The increased ambiguity experienced during these times often leads to decreased leader and employee engagement and commitment to the organization. Failed CEO transitions are costly. Share prices can decline sharply in response to unplanned CEO turnover, let alone the considerable replacement costs.

Board Governance Dimensions: Which Correlate Most with Positive Organizational Outcomes?

Beyond fulfilling a compliance requirement, board evaluations can be a great tool for helping boards elevate the value they contribute to the organizations they govern. The process for conducting board evaluations usually involves a survey of directors with questions about a range of governance practices.

Executive Assessment—More Than A Risk Mitigation Tool

Executive assessment is a commonplace tool used by organizations to make informed decisions on hiring critical talent. There are many variations out there, but most established human capital consulting firms use a multimethod approach. That is, they use psychometric testing to gain insights on problem-solving capabilities and leadership style combined with a biographical interview and experience benchmarking if needed. This data provides insight on fit to role and should also identify developmental gaps and areas of focus for effective onboarding.

Mastering Oscillation: How Peak Performance in Sports and Business are Related

Witnessing some of the greatest athletes of all time perform at their very best late into their careers should give all of us pause. How do Roger Federer, Serena Williams, and LeBron James—each one achieving Greatest Of All Time (G.O.A.T.) status—maintain the stamina, mental focus, physical prowess, and passion for their sport well into their late 30s, when most others have retired their number and hung up their sneakers?

Evaluating Your Board: Seven Areas to Assess

Conducting an annual evaluation of the board is a requirement of all public listed companies on the New York Stock Exchange and is a strongly encouraged best practice in governance by regulatory bodies throughout the world. The most conscientious and progressive board leaders have moved well beyond a simple check-the-box compliance approach to a more rigorous process that is aimed at identifying ways the board can continually enhance the contribution it makes to the organization it is governing.

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