Article contributors: Kevin Cashman, Pushp Deep Gupta, Noah Rabinowitz, Dési Kimmins, Bruce Jackson, David Dotlich, and Michael Van Impe
The CEO’s imperatives for leadership development.
The moment a CEO starts a job, the clock starts ticking. With S&P 500 CEOs seeing an average tenure of nine years, senior leaders must hit the ground running—formulating and executing transformational strategies and, ultimately, creating a better organization. Korn Ferry research has identified the alignment of business and talent strategies as a critical task for directors, CEOs, and chief human resources officers. And some of the notable strengths of the top 20% of CEOs, based on Korn Ferry’s comprehensive leadership performance simulation, include developing strategies and driving growth. But even these outliers among CEO talent don’t do it alone. Success requires the hard work of leaders at all levels, who must make countless decisions and behave in ways that support the strategic direction and overarching purpose of the organization.
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