Leadership Search
Recruiting an Effective Leader requires deep insight into the organization's objectives & the overall context
Recruiting an Effective Leader
Contextual Senior Leadership/Executive Recruitment
Recruiting effective leadership is the most important decision for any organization. Traditionally, leadership recruiting decisions are simply based on resumes, references, and gut feel. However, to search and hire an effective leader is an art as well as a science.
We define effective leadership based on five key levers:
1. Performance
2. Perception
3. People
4. Potential
5. Adaptability
CEB ran a three-year long research study of 9,000 leaders at 85 global companies. It found that context specific hiring is an important and underrated predictor of a leader’s success. As per the research, context specific approach yields predictions that are 3X more accurate, on average, than a one-size-fits-all approach.
ROI Optimization
Harvard Business Review has attempted to quantify the cost of ineffective leaders. As per their research, “The amount of market value wiped out by badly managed CEO and C-suite transitions in the S&P 1500, is close to US$1 trillion a year. We estimate that better succession planning could help the large-cap U.S. equity market add a full point to the 4% to 5% annual gains that Wall Street projects for it. In other words, company valuations and investor returns would be 20% to 25% higher.”
According to Forbes, “The average cost of replacing a CEO after 18 months ranges from US$12 million for small-cap firms to US$52 million for large ones. Not having the right leaders costs American industry an estimated US$14 billion a year. This does not include the price to shareholders in lost market capitalization and increased stock volatility. It also does not account for the businesses being left demoralized, floundering, and ripe for the picking.”
Considering the time, effort and money spent on leadership search, it is imperative to collaborate with experts who use research based scientific tools and drive better ROI for leadership hiring.
Our Value Proposition
At Corner Office Advisors, we deep dive into the role’s challenges, objectives and expected outcomes with our clients. Based on this understanding, we define and design our leadership searches, use custom assessments, and case specific interviews to select the right candidates.
Corner Office Advisors has a track-record of delivering impactful results by selecting purposeful leaders who align with the organization’s context and goals and achieve remarkable results after being hired.
Attract and hire the right leadership talent aligned to your organization and business landscape. Leaders who accelerate growth in a disruptive world.
Use assessments to find and develop Effective Leaders. Deep personality, behaviour and adaptability assessment reviews that look at multiple aspects of the individual.
Our leader mentor programs produce powerful personal and professional benchmarks. These leaders bring strategic, critical, visible transformation to the organization.
Initiatives that promote women in leadership. Women leaders improve overall business outcomes with their empathetic, conscious, open, and adaptive leadership style.