Fund professionals often benefit from so-called “stretch assignments” or projects that take them out of their comfort zone, reports ignites.com. Stretch assignments benefit companies too, notes Egon Zehnder consultant Karl Alleman, by helping professionals to “generate new ideas, challenge the status quo, and bring breakthrough ideas that can help a business transform.” Such assignments also create well-rounded senior leaders with a wide range of experience, rather than specialists who have built their career on excellence in one field, adds Egon Zehnder’s Arnaud Tesson.
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