Executive selection : strategies for success

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Strong leadership is crucial for success in today's competitive business landscape, yet a significant percentage of top executives—between 25 to 75 percent—fail in their roles, leading to detrimental effects on organizations and stakeholders. To address this challenge, the Center for Creative Leadership has conducted extensive research on executive selection, interviewing numerous executives and analyzing decision-making styles. This work culminates in a series of actionable steps for decision-makers to enhance their hiring processes. The book outlines the composition of an effective selection team and provides a systematic approach to assess the organization, its environment, the open position, and candidate requirements. This process helps create a clear profile of the ideal candidate to guide the selection process. It also offers strategies for building a strong candidate pool and emphasizes the importance of gathering relevant information for informed hiring decisions. Additionally, recommendations are provided to facilitate the new executive's smooth transition into the organization and support their ongoing development. This comprehensive framework demystifies the selection process, making it applicable to hiring CEOs, officers, and other executives. Executives, boards, HR professionals, and investors can leverage these strategies to refine their selection practices and evaluate executive appointments effectively. Re