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How Private Equity Firms Hire CEOs

Tom Redfern<p>Corporate boards often say that succession planning is their top priority, but at publicly traded companies, directors rarely get to turn that planning into action: The average CEO tenure at S&P 500 firms is nearly 10 years. That’s in sharp contrast to the private equity world. PE firms …

Leadership

The New Organization: Different by Design

We just launched one of the world’s largest studies of people challenges in business, Deloitte Human Capital Trends 2016, and the results were …

In Hiring, Algorithms Beat Instinct

You know your company inside out. You know the requirements of the position you need to fill. And now that HR has finished its interviews and simulations, you know the applicants, too—maybe even better than their friends do. Your wise and experienced brain is ready to synthesize the data and choose …

Mingleton Is Tinder For Strangers In The Room With You

A startup called Mingleton is introducing a new mobile dating application that uses iBeacon technology to help you connect only with people you can see around you, or, as one of the founders puts it, it’s like Tinder “for the people in your immediate vicinity.” The app doesn’t actually require …

The 10-man rotation, starring LeBron James, the Miami Heat and one more race to the top

<i>A look around the league and the Web that covers it. It's also important to note that the rotation order and starting nods aren't always listed in</i> …

Consulting on the Cusp of Disruption

After years of debate and study, in 2007 McKinsey & Company initiated a series of business model innovations that could reshape the way the global consulting firm engages with clients. One of the most intriguing of these is McKinsey Solutions, software and technology-based analytics and tools that …

Why So Many Leadership Programs Ultimately Fail

The topic in the Executive Committee meeting turned to Europe. The technology company, Alentix*, was doing well and growing annually at the rate of about 15%. But its European division was struggling. It had been five years since the region turned a profit.<p>Yet no one had addressed that issue. Jean, …

Talent Management: Boards Give Their Companies an “F”

What is top of mind for corporate boards worldwide? In one of the most comprehensive global surveys of corporate directors to date, we found that they were very worried about developing and enacting strategic plans that will enable their organizations to succeed. And what did they say was their …

Can You Really Improve Your Emotional Intelligence?

Who wouldn’t want a higher level of emotional intelligence? Studies have shown that a high emotional quotient (or EQ) boosts career success, entrepreneurial potential, leadership talent, health, relationship satisfaction, humor, and happiness. It is also the best antidote to work stress and it …

Research: What JPMorgan Shareholders Should Know About Splitting the CEO and Chair Roles

The board of directors is supposed to keep watch over the CEO, right? So if the CEO also serves as the chairman of the board, you’re setting yourself up for trouble, or so the conventional wisdom goes. The checks and balances are inadequate. The CEO has the run of the place. He or she is free to …

Few Executives Are Self-Aware, But Women Have the Edge

So is the best man for the job a woman?<p>Research by Hay Group, culled from its 17,000-person behavioral competency database in 2012, finds that when it comes to empathy, influence, and the ability to manage conflicts in the executive level, women show more skill than men. Specifically, women are …

How to Really Understand Someone Else’s Point of View

The most influential people strive for genuine buy in and commitment — they don’t rely on compliance techniques that only secure short-term persuasion. That was our conclusion after interviewing over 100 highly respected influences across many different industries and organizations for our recent …

What Job Candidates Really Want: Meaningful Work

What talented people want has changed. They used to want high salaries to verify their value and stable career paths to allow them to sleep well at night. Now they want <i>purposeful</i> work and jobs that fit clearly into the larger context of their career. And that means they want jobs that are sensible …

Leadership Lessons: What Do Executives at Amazon, Citigroup and Whole Foods Market Have in Common?

As chairman and CEO of Citigroup, Sandy Weill ran the world's third largest financial institution with 250,000 employees in 102 countries without a computer and barely knew how to use a cell phone.<p>Amazon.com soared from a $9 billion to a $70 billion company with Mark Onetto in charge of the supply …