Reading today’s headlines I note that turnover among senior executives of leading global businesses has reached an all-time high. Never have executives and their boards of directors felt more pressure to produce or take accountability for results.
I note however that the casualty rate among those brought in from outside an organization is even higher than for those who have spent years inside. Recently, top marketing, finance and operational executives hired from outside firms have fallen out of favor more frequently and faster than ever before.
Could it be that while technical expertise, experience and drive are important, there is something else that matters more? We think so.
In 25 years of providing management consulting services to leaders of U.S. and Canadian realty firms, we noted that the most successful firms were found in different locales and were or varying sizes. Leaders of these successful firms were women and men, some young and some with long-term experience. So these