At its recent meeting, our chairman David Myers asked Board members to say in a
few words why each of them had chosen to serve SSPI. The near-unanimous verdict:
they believed strongly in our mission to attract, recognize and nurture talent. That
is more than idealism at work: it is good business sense. McKinsey & Company has
compared the growth of 700 companies with independent performance appraisals
of their executives. The company found that leadership quality is critical to growth
– but that most companies don’t have enough high-quality executives. Companies
with a critical mass of executives who got excellent performance appraisals
recorded superior growth consistently, both organically and through acquisitions.
The more complex and fast-changing the business – and who could find a better
description of the space and satellite industry? – the higher the skill level required for
success.
