GenAI revolution: Insider 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 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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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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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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Are your leadership prepared for the future?

Viewed in Russell Reynolds Succession planning is crucial for the success of an organization and should be a key focus for C-suite leaders and boards. However, many organizations are not taking a formal and proactive approach to succession planning, which creates strategic risks. Russell Reynolds Associates’ Global Leadership Monitor identified three common failings in succession… More

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Create a culture of trust

Viewed in Russell Reynolds According to research by Paul J. Zak, a professor at Claremont Graduate University, employees at high-trust organizations experience 74% less stress and 29% greater life satisfaction, 106% more energy at work and 50% higher productivity, 40% less burnout, and 13% fewer sick days. The author examines what trust means in the… More

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How CEOs Make Complex Decisions—Even When They Don’t Have All the Intel

Viewed in Russell Reynolds With dozens of offices in over two dozen countries, it is fair to say that management consulting firm Russell Reynolds, founded in 1969, interacts with a vast number of chief executive officers. The management consulting behemoth observes in this article, authored by five Russell Reynolds professionals, that the demands on today’s… More

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The Power of a Challenger Mindset

Viewed in Russell Reynolds Russell Reynolds Associates, one of the world’s top five executive search firms, expanded its mission to include management consulting, and that expansion is reflected in a growing number of impressive and constructive reports, surveys, and articles that the firm now routinely releases. Challengers explore unconventional ways One of the more recent… More

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Rethinking the board’s role in strategy, risk and culture

Viewed in Russell Reynolds Associates There seems a singular common denominator running through most business analysis and commentary these days: Business is changing rapidly and hugely, and it will never again be the same.  For the most part, it is the global pandemic, which now has taken over four million lives, that is cited as… More

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7 Key Actions for the Data-Driven Chief Risk Officer

Viewed in Russell Reynolds Associates Management consulting firm Russell Reynolds Associates has communicated with senior leaders in risk and data and come away with seven actions for chief risk officers, which they detail in this report. Digitally fluent Perhaps most important in this current era of data, they conclude, is that chief risk officers “need… More

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