Mid-Market & Family-run Businesses
Effective Leadership that Crafts Enterprise Growth
Family-run businesses and Mid-Market companies have ambitious goals, lean resources, and a voracious appetite for talent. Strategies that resulted in their growth may not fit with their vision of 2X+ growth targets. At best, old tactics keep the business in maintenance mode. At worst, the business is at risk from disruptors. New visions and goals require new strategies and new talent.
And yet, in a survey conducted by Harvard Business Review, Mid-Market CFOs and CHROs state that attracting and retaining talent is their number one challenge. It is important to recruit based on your objectives, challenges and expected outcomes. According to Fortune magazine, “…assessments are a vital tool for executive recruiters to learn about a potential CEO’s work ethic, situational awareness, judgment, emotional faculty, approach to team- building, stamina, attention-to-detail, and the speed and precision with which they make decisions.”
Unique Challenges
CEO Mentoring to boost performance
One of the greatest challenges for leaders is that they are lonely at the top. At the top, it becomes harder and harder to find honest perspectives and real insights because there is a risk of inadvertently being caught up in an echo chamber. Mentoring at this stage can bring in fresh perspectives, out of the box ideas, expert guidance, and necessary self-reflection.
Research shows that CEOs that get good mentoring support demonstrate better results. Harvard Business Review surveyed 45 CEOs who had formal mentoring arrangements and it found that 71% CEOs said company performance improved because of the mentoring support, 69% said it helped them make better decisions, and 76% felt that mentoring helped them fulfil stakeholder expectations in a more capable manner. Most importantly, 84% CEOs felt that mentoring helped them avoid costly mistakes and become proficient in their roles faster.
Our Value Proposition
Investing in building Effective Leaders at every stage
Mid-Market companies pioneering new strategic initiatives such as recruiting senior leaders to start an entirely new division, or planning a turnaround, or innovating/incubating a new division etc., are not equipped with HR teams that can handle such workload, over and above their priorities of keeping the business afloat.
Leadership search at this stage is critical and a strong determinant of whether the business will become a fast-growing company with enhanced legacy or be stuck in a mould and fail to evolve, adapt, and innovate.
Corner Office can help with such initiatives by leveraging our deep strategic understanding of the organization’s problems and opportunities and investing time and effort in developing the leadership search vision, thus guiding senior executive selection.
Using our proprietary CECE framework and customised, research based, personality, behaviour, and adaptability assessment reviews we can efficiently search for an effective leader who brings an outside in perspective, embraces large scale transformation and takes the business to the next level.
Corner Office offers specialized leadership mentoring solutions for Mid-Market companies that are designed specifically to solve for the unique challenges faced by Mid-Market company CEOs.
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.