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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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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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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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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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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Viewed in McKinsey Amid a challenging economic environment and rapid changes, CEOs are seeking avenues for growth, and an effective partnership with their Chief Marketing Officers (CMOs) can be the key. To understand the dynamics within high-growth and low-growth companies, a survey and interviews with C-level growth roles (including CMOs) and CEOs from various industries… More
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Viewed in Korn Ferry Many executives are now early leaving their new leadership roles within 44 days, causing disruption, talent loss, and decreased morale. The financial investment in recruitment, onboarding, and training is substantial. Leadership disruptions impact long-term company performance. Cultural Fit Mismatches in culture, unrealistic expectations, inadequate onboarding, and role ambiguity lead to early… More
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Viewed in Russell Reynolds This article emphasizes the persistence of Chief Financial Officer (CFO) turnover in S&P 500 companies and the evolving expectations for CFOs. Retirements, career changes, and new opportunities drive the ongoing turnover of CFOs, impacting financial strategies. Sectors such as technology and healthcare experience higher CFO turnover due to dynamic markets and… More
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Viewed in Egon Zehnder Discover how Chief Artificial Intelligence Officers (CAIOs) are leading the charge in transforming organizations through AI adoption. As artificial intelligence (AI) continues to reshape industries, the need for dedicated AI leadership roles grows even stronger. Empowering AI transformation The CAIO takes the reins of AI adoption, strategy, and innovation within organizations,… More
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Viewed in Egon Zehnder The article by Egon Zehnder delves into the evolving role of Chief Marketing Officers (CMOs) in Business-to-Business (B2B) contexts and the strategies they employ to drive success. The article highlights the transformation of B2B marketing from a support function to a strategic driver of growth. CMOs are playing a pivotal role… More
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Viewed in Spencer Stuart The Spencer Stuart “Nominating/Governance Chair Survey” presents insights into the perspectives of nominating and governance committee chairs from S&P 500 and MidCap 400 companies. Conducted in the first quarter of 2023, the survey delves into the evolving priorities and practices shaping board composition and effectiveness. Key findings include: 1. Board Composition… More
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Viewed in Spencer Stuart The article from Spencer Stuart explores the critical role that Chief Human Resources Officers (CHROs) play in CEO succession planning and its overall impact on organizational success. The article emphasizes that CEO succession planning is a complex process that requires strategic alignment between the board of directors, the current CEO, and… More
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Viewed in McKinsey Effective CEO transitions play a critical role in maintaining organizational stability, driving performance, and shaping the company’s long-term success. This McKinsey article outlines a five-step approach for successful CEO transitions: Proactive planning: Boards should establish a formal succession planning process and regularly review potential internal and external candidates. By identifying and developing… More
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Viewed in Egon Zehnder The article by Egon Zehnder sheds light on the evolving role of Chief Data Officers (CDOs) and their increasing importance in driving business transformation and innovation beyond data protection. CDOs are responsible for managing and protecting this critical asset, ensuring compliance with data regulations, and safeguarding against cyber threats. CDOs have… More
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Viewed in McKinsey The McKinsey article provides valuable insights on how boards of directors can enhance their effectiveness and create a lasting positive impact on the organizations they govern. Often, boards are preoccupied with short-term performance, but to create sustainable value, they must focus on the organization’s long-term health and resilience. To increase their long-term… More
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Viewed in Egon Zehnder The article highlights that younger generations are increasingly assuming leadership roles and bringing fresh perspectives to organizations. As digital natives, they possess a deep understanding of technology and its potential for transforming businesses. Fresh, Inclusive and collaborative Young leaders are driving a cultural shift within organizations by promoting inclusive and collaborative… More
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Viewed in Fortune According to the authors, the top 50 companies on the Fortune 500 list have significantly increased their grip on the U.S. economy, consolidating their share of profits over the years. These 50 firms, predominantly from the technology and financial sectors, have witnessed substantial growth and profitability, outpacing smaller competitors. 90% of the… More
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Viewed in Forbes The article provides an overview of the latest rankings of the world’s largest companies based on the Forbes Global 2000 list. Revenue, profits, assets, and market value The rankings are based on various factors such as revenue, profits, assets, and market value. JPMorgan Chase has regained its position as the world’s largest… More
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Viewed in BCG This inspiring article authored by four Managing Partners at Boston Consulting Group delves into the challenges faced by organizations in attracting and retaining skilled AI professionals. Impact, Technology and Culture With a growing demand for AI talent and a shortage of professionals, the competition is fierce. To succeed, companies must create a… More
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Viewed in Russell Reynolds Justus O’Brien and Dean Stamoulis, Managing Directors at Russell Reynolds Associates, advocate for leaders to embrace their imperfections and vulnerabilities in order to lead with greater effectiveness. Complexities and uncertainties The traditional ideal of a flawless CEO fails to acknowledge the complexities and uncertainties of leadership in today’s rapidly changing world…. More
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