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Shaping Successions
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Developing Leadership
It starts with a mindset, writes Egon Zehnder's Olli Laurén in an article for Fast Company.
Ricardo Sunderland discusses insights from his book, The Energy Advantage, highlighting how senior leaders can become more effective, happy, and humane.
Luis Giolo discusses the talent landscape in Spain, the challenges companies face with CEO succession, traits of good leadership, the rise of board diversity, and more.
According to German Herrera, U.S. managing partner, nearly three-quarters of CEO appointments the firm facilitates are internal. "Bringing somebody from the outside directly into the CEO role is very traumatic. Unless there’s a big change, a big turnaround, or a significant issue, boards don’t want to take that risk," he explains.
As German Herrera, Egon Zehnder's U.S. leader, highlights in Fortune, it is essential to move away from checkboxes of experience and focus on traits such as curiosity, self-learning, the ability to connect the dots, and more.
"I was at a concert when it hit me: This is what effective succession looks like." Read on for the full piece by Lindsay Trout.
Cynthia Soledad weighs in on what boards need to do to best address evolving challenges, which includes having the right diversity of experiences embodied in highly curious people.
Diversity in the boardroom isn’t just a mandate – it’s a business imperative. Data from our 2024 Global Board Diversity Tracker shows that the gradual progress has slowed, but still continues.
Cynthia Soledad shared insights on the deprioritization of diversity and inclusion policies in the United States, including at the board level.
Egon Zehnder's annual Global Board Diversity Tracker revealed that 96% of boards across the world have at least one female director, continuing the rising trend since 2012.
A recent Egon Zehnder study reveals that 80% of CEOs foresee "groundbreaking systemic changes" and emphasize collaboration with governments to address societal challenges. Climate change and AI are highlighted as key areas for fostering cooperation and driving positive transformation.
A majority of CEOs say they expect “groundbreaking systemic changes” within the next decade.
There are at least four professional skills that companies look for most when selecting new CEOs.
A significant obstacle preventing broader representation of marketing leaders on boards, per a study from Egon Zehnder, is the limited turnover of board seats, which means there are a limited number of board positions available each year.
Pree Rao and Martha Williams highlight that strong marketing leaders earn a seat at the table by connecting the voice of the customer to the strategic goals and KPIs of the enterprise.
In a study, Kearney and Egon Zehnder found a substantial 73% of business leaders feel ill-equipped for AI transformation due to constraints like limited time, people, and funds.
Francesco Buquicchio, Global CEO of Egon Zehnder, and Vineet Hemrajani, Managing Partner of Egon Zehnder India, share their insights on trends in CEO succession, leadership, organizational effectiveness, and driving impactful change.
Today’s manufacturing CEOs are evolving their leadership qualities in ways leaders of the past likely could never have predicted.
Michael Ensser on the power of developing "strategic empathy" as a leadership quality.
More than 80% of finance chiefs say their role has grown significantly in the past five years, according to survey findings published in March by leadership advisory firm Egon Zehnder.
Egon Zehnder's Pree Rao on how marketing leaders can best position themselves for new opportunities.
Family Business recently sat down with Jason Hecker, leader of Egon Zehnder’s family business advisory practice in the U.S., to discuss how family businesses can aim for smoother transitions.
Egon Zehnder's latest global CEO survey, The CEO Response, reveals that almost all (99%) CEOs surveyed in APAC CEOs prioritised openness and curiosity.
According to Egon Zehnder, 95% of CEOs expect significant, systemic shifts to the economy, geopolitics, energy and technology over the next decade.
Egon Zehnder's new global survey reflects the evolving responsibilities of business leaders in a rapidly changing world.
Egon Zehnder partner and author Ricardo Sunderland advocates that CEOs become aware of the power of their energy and avoid a dual life of emotional compartmentalization.
Egon Zehnder’s Global CEO Survey Highlights Leadership Role in Addressing Global Challenges
Claude Shaw discusses that many of his clients are looking for professionals that have had direct experience with underwriting transactions to support their co- and direct investment teams, but it's not easy.
Egon Zehnder's Wendi Zhang shares tips for excelling in your executive interview in the IT industry.
Egon Zehnder consultant Christoph Wollersheim discusses how individuals can maximize the benefits of automation while highlighting the need to be mindful of the potential risks to personal relationships.
In a global study, Egon Zehnder found that 80% of CEOs now feel the need to embark on a "dual journey" of personal and organizational transformation, highlighting a growing trend in leadership development towards deeper, more "human" capacities.
An Egon Zehnder survey found that seven in 10 CFOs believe they are ready to transition to the CEO role, despite the new set of challenges it presents.
A crisis is an opportunity, whether your organization is experiencing disruption as a whole or individually.
Women are making significant strides in the CFO role, with nearly 19% of CFO positions in Fortune 500 and S&P 500 companies held by women in 2023, compared to just 6.3% in 2004. Part of that increase may be due in part to the fact that 82% of CFOs have seen significant shifts in their responsibilities over the past five years, according to an Egon Zehnder survey.
Ricardo Sunderland, a partner at Egon Zehnder, discusses how mastering your energy is more crucial than managing your time in his book, The Energy Advantage: How to Go from Managing Your Time to Mastering Your Energy.
Egon Zehnder's Heather O'Keefe and Jason Hecker on the most overlooked step in CEO recruitment: stakeholder management.
CFOs are expanding their roles beyond finance, with many taking on ESG and M&A duties, according to a recent Egon Zehnder survey. Some are also handling cybersecurity, supply chain, and HR tasks. Strategic thinking, risk management, and effective communication are key skills for these broader responsibilities, says Arun Dhingra of Egon Zehnder.
Elizabeth Joseph underscores why traditional views on leadership need an overhaul.
Egon Zehnder Consultant James Stark emphasizes the importance of reflection for CFOs considering retirement, advising them to think about what is most important to them, not just taking the expected next step.
Egon Zehnder's latest study shows that the role of CFOs is expanding to help CEOs manage complex, growing companies. CFOs are now more involved in corporate strategy, investor relations, and market analysis.
Egon Zehnder's Mayuri Patel and Gowri Rao discuss the talent needed to sell and market AI. (Note that this article may be behind a paywall and require a subscription.)
As cyber risks rise, board members must have a level of cybersecurity knowledge in the same way they do financials, Egon Zehnder's Will Houston shared. (Note that this article may be behind a paywall and require a subscription.)
Egon Zehnder's Chuck Gray highlights that diversity remains a priority for boards and how a drop in CEO diversity impacts board diversity. (Note that this article may be behind a paywall and require a subscription.)
The rapid growth of EMEA's data center industry has created a pressing demand for skilled talent. Addressing the challenges in attracting and retaining this talent is crucial for sustaining the sector's expansion. Read more on DCD.
Joining a board is pinnacle in many leaders' careers, but there is no one way to get there. Egon Zehnder's Chuck Gray shares some practical advice.
In a conversation with Egon Zehnder consultant James Stark, Fortune delved into the obstacles that financial chiefs encounter on their journey to the top spot, as well as strategies to surmount them.
As German firms explore opportunities in the U.S. market, factors like cultural nuances and business risks come into play. Egon Zehnder's Manuel Waenke offers insights on navigating hiring practices, defining employee profiles, and determining compensation strategies to ensure success while avoiding common pitfalls. (Note that this article may be behind a paywall and require a subscription.)
Egon Zehnder's latest global survey underscores a widespread trend: CFOs are witnessing a significant expansion in their roles over the past five years, marking a shift in the finance function's scope and impact. (Note that this article may be behind a paywall and require a subscription.)
60% of CFOs now aspire to CEO positions, driven by the expanding role of CFOs beyond finance into areas like corporate strategy, sustainability, and data analytics, Egon Zehnder study shows. (Note that this article may be behind a paywall and require a subscription.)
As CFOs navigated the shifts during the pandemic, they have accumulated the skills, and for some, new aspirations, for the top CEO role, a new Egon Zehnder study reveals.
Egon Zehnder consultant Lindsay Trout delves into an invaluable trait shared by successful leaders who inspire their teams to achieve great things: being great listeners who ask a lot of thoughtful questions.
AI can be trained on historical data that contains biases, so when it comes to deployments such as in AI-based credit scores, there could be biases towards certain groups that perpetuate long-term financial inequality,” says Christoph Wollersheim, a member of Egon Zehnder’s Services Practice and Artificial Intelligence practice.
New Egon Zehnder study sheds light on how the CFO role is evolving, highlighting how new complexities across environmental, social, and governance matters, mergers and acquisitions, and corporate strategy are driving sweeping change - and opportunity - within their role.
SpiceWorks discusses how women in STEM can feel more supported, citing Egon Zehnder research that reveals higher rates of burnout among women, attributing it to the dual burden of professional stress, societal expectations, and holding a leading role in their home life as a mother or core caretakers.
At the recently concluded World Economic Forum’s Davos meeting, so much of the discussion centred on generative artificial intelligence (AI), and the impact it is having on industry and the world.
Corporate boards significantly influence the perceptions through their oversight duties of how much enterprise value creation comes from non-financial resources - many of which correspond to some key skills gaps inside the boardroom, which Egon Zehnder's Lisa Blais highlights.
Amid enterprise resource constraints, interim and fractional CIOs lead longer-term strategies.
A new Egon Zehnder report, in partnership with Kearney, finds that AI's rapid growth is a contributing factor, with 73% of those surveyed feeling limited by time, people, and money.
Research shows that large family businesses had much better succession practices than their nonfamily counterparts, and they outperformed on several measures after new appointees took the reins.
Burcu Bicakci on the opportunities, challenges, and the role leaders will play in ensuring their organizations are ready for Artificial Intelligence.
For Angela Pegas, CFO searches could be on the rise in 2024 due to a potential rise in IPOs, which will demand increased expertise on products, risk, growth, tech, and a disruptive mindset.
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