AI reshapes corporate boards

Viewed in Axios AI is reshaping corporate boards, with many companies appointing AI bots as observers and integrating technology into their board strategy. This shift reflects a growing focus on AI among large corporations, evident in repeated mentions during 2024 earnings calls. However, despite this emphasis, most boards lack the expertise to effectively guide AI… More

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Strategies for building trust in the C-Suite

Viewed in Russell Reynolds Emma Combes and Dee Symons discuss the crucial role of trust within the C-suite and provide four actionable strategies for CEOs to cultivate an environment of trust among their top executives: Foster Inclusive and Transparent Leadership Rather than promoting competition and tension, CEOs should unite their team by sharing information with… More

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Critical steps for new CEOs

Viewed in Spencer Stuart New CEOs aiming to establish high-performing executive teams face a pivotal task that can significantly impact organizational success. The authors’ Research shows that cohesive leadership teams correlate with accelerated revenue growth and increased profitability. However, building such teams requires decisive action and a clear vision from new CEOs. Decisive actions While… More

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The hidden value of HR on corporate boards

Viewed in Heidrick & Struggles The significance of HR expertise on corporate boards cannot be overstated, especially during times of significant organizational change or growth. Companies undergoing transformations, such as IPOs, acquisitions, or large-scale changes, greatly benefit from having individuals with HR experience on the board. Similarly, start-ups and rapidly expanding companies find valuable insights… More

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The AI dilemma: Who should be in charge?

Viewed in Egon Zehnder In the dynamic realm of Artificial Intelligence (AI), executive leadership teams grapple with pivotal choices regarding AI integration and deployment. Here are three key considerations proposed by the authors: Establishing AI Leadership Leaders must determine the necessity of an AI leader and define their reporting structure. While direct reporting to the… More

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Navigating amidst crisis with executive interim management

Viewed on SpenderFox In times of business upheaval, executive interim management is essential. Skilled change managers can seize challenges as opportunities post-crisis. Steering through Crises Change managers bring a unique blend of leadership, communication, efficiency, resilience, and strategic creativity honed over years. They navigate closures, downsizing, scandals, geopolitical shifts, and supply optimizations with ease. Interim… More

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Unlocking organizational health is your blueprint for success

Viewed in McKinsey Out of the last 15 years, companies have never shaken up their organizational charts as much as they did in 2023, as our data clearly shows. Does this revelation surprise us? Not really. For the authors, Alex Camp, Arne Gast, Drew Goldstein, and Brooke Weddle at McKinsey, it’s a telling sign of… More

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GenAI revolution: Insights from the C-Suites

Viewed in Russell Reynolds In February, something remarkable happened – OpenAI’s org chart became the most viewed, surpassing even giants like Amazon, Apple, and Microsoft. This shift highlights the growing interest in Generative Artificial Intelligence (GenAI), with OpenAI leading the charge. A huge gap Despite this, our today’s data reveals that less than 50 Vice… More

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The evolving role of CIOs: Enpowering changes

Viewed in Spencer Stuart The Chief Information Officer (CIO) role has significantly transformed, becoming a crucial position within organizational charts as technology shapes the business landscape. This shift is evident in the wide array of responsibilities modern CIOs handle, from managing infrastructure to overseeing cloud computing, developping applications, and leveraging data. Recently, Spencer Stuart consultants… More

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The rise of first-time CEOs

Viewed in Russell Reynolds The inaugural Global CEO Turnover Index Annual Report for 2023 provides valuable insights into the evolving landscape of CEO leadership, with implications for businesses in 2024 and beyond at public companies. The COVID-19 pandemic significantly influenced CEO turnover trends, causing a decline in departures during 2020 and 2021. A five-year high… More

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The shifting role of chief marketing officers in Fortune 500

Viewed in Fortune Fortune 500 corporations are currently navigating a significant paradigm shift as the traditional prominence of Chief Marketing Officers (CMOs) in the C-suite undergoes a reevaluation. Cost-cutting Recent developments underscore a growing trend among companies, driven by financial challenges and cost-cutting imperatives, to eliminate standalone CMO positions. Pioneers in this approach include United… More

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Essential traits for mastering leadership in 2024

Viewed in HRDirector Thom Dennis, CEO of Serenity in Leadership, outlines key insights for executives navigating the evolving leadership landscape. 1. Courage and resilience amid change: Leaders are called upon to make strategic, bold decisions aligned with long-term visions, fostering courage and resilience in the face of ongoing global challenges. 2. Leading through uncertainty: Combatting… More

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Unveiling the secrets of successful COOs

Viewed in Russell Reynolds The role of the COO has evolved into a more strategic position, making it a top contender for the CEO spot. This shift is driven by the digital landscape and sustainability expectations. Russell Reynolds Associates conducted a study on nearly a thousand COOs using Hogan psychometric tests, revealing some crucial insights…. More

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Demystifying the roles of CIO and CTO

Viewed in McKinsey In today’s fast-paced business world, the roles of a Chief Information Officer (CIO) and a Chief Technology Officer (CTO) play a crucial role in driving organizational success. These positions hold distinct responsibilities that contribute to a company’s competitiveness and growth in the ever-evolving technological landscape. Mastermind overseeing information and knowledge systems The… More

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Boosting your workplace productivity by 65%

Viewed in Inc. In 1999, a groundbreaking approach to increasing workplace productivity was uncovered by a Harvard researcher. Astonishingly, this solution remains just as relevant in 2023, yet it hasn’t been widely embraced. Constant interruptions Leslie Perlow, a pioneer at the University of Michigan, identified a common problem known as “time famine” – the feeling… More

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CHROs: The driving force behind HR evolution

Viewed in McKinsey The role of the Chief Human Resources Officer (CHRO) is going through significant changes, driven by the evolving needs of the workforce and advancements in technology. Instead of sticking to the traditional HR model, CHROs are now embracing five emerging HR operating models that offer more flexibility. These models include: Ulrich-plus model:… More

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Why you should consider setting up a Tech Advisory Board

Viewed in Russell Reynolds Discover the growing trend of Tech Advisory Boards and how they can help organizations navigate the ever-changing technological landscape. Bridging the tech talent gap These boards provide strategic guidance and expertise from industry experts, thought leaders, and technology professionals. Their insights can help companies strategize in digital domains, make acquisitions, and… More

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Enhancing collaboration of Senior Advisors

Viewed in Russell Reynolds Integrating senior advisors is becoming common practice among private infrastructure firms, following the approach used in private equity. Insights, Expertise and Leadership These advisors bring valuable insights, networks, and expertise that complement the skills of firm professionals and portfolio leaders. However, the lack of a standardized model for engaging senior advisors… More

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Rethinking board motivation

Viewed in Egon Zehnder The article unveil the evolving landscape and challenges facing board directors today, emphasizing changes in their motivations, roles, and compensation. The authors highlight several key findings: Motivation Board directors are increasingly motivated by the desire to make a real impact on the boards they serve, shifting their focus from monetary rewards… More

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Attracting and retaining Chief Risk Officers

Viewed in Heidrick & Struggles The financial services industry is facing an evolving landscape of risks, and attracting and retaining the next generation of risk leaders is crucial. Evolving risk landscape The role of Chief Risk Officers (CROs) has become increasingly complex, demanding expertise in traditional risk types, strategic acumen, knowledge of emerging risks, and… More

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