Developing Talent in Crisis and Beyond

As many of us look at how businesses can survive during this pandemic-induced business slowdown (or shutdown for many), it should be obvious that leadership is more important than ever. The leadership choices being made today will have profound and long-term impacts not only on the business, but on employee engagement and loyalty. Most leaders will be thinking about the defensive moves that they need to make to protect their businesses. A few will be thinking about opportunities that may provide chances to grow or redirect their market positioning.

Career Transitions: Tips for a Fast Start

One of the most difficult career transitions occurs when you have been a long-term employee of one company and are leaving to move to a new job. The emotions surrounding the transition represent a mixture of excitement and trepidation, coupled with a profound sense of loss. Transitioning executives are energized by the challenges and learning that the new environment will bring but can face a crisis of competence in adjusting to a new culture with a novel set of success factors.

The Importance of Onboarding in Creating a Learning Environment

The world of work is changing rapidly, and organizations can’t expect to rely on outdated ways to build capabilities to keep up. In particular, formal learning, training, and development approaches have failed to help shift skills and behavior to create new ways of working. As a result, organizations turn to hiring leaders from the outside to build new capabilities. While bringing in new leaders can have an impact on an organization, there is still a need to intentionally shift how work gets done by having employees learn on the job.

Behind Unusual Ouster of Company’s Top Three Leaders: A Troubled $14.5 Billion Merger

RHR's Paul Winum is quoted in The Wall Street Journal on the topic of Dentsply Sirona's ousting of CEO Jeffrey Slovin, Executive Chairman Bret Wise and President Christopher Clark, who also was chief operating officer.

“To have the three top leaders get taken out is extremely disruptive,’’ said Paul Winum, co-head of board and CEO services at RHR International LLP, a leadership-development firm. Mr. Thierer must “take actions immediately to correct the [company’s] course.’’


Read the entire article here. To access this, you must have a Wall Street Journal subscription.

Dodging Bullets: Flagging Management Deal Breakers Early in the Ownership Process

The unplanned replacement of a portfolio company CEO can have disastrous consequences. Most private equity firms have painfully experienced it at some point in the life of a fund. The full extent of poor senior executive leadership often takes time to fully surface and longer to rectify. Finding a full-time replacement CEO, onboarding, and rebuilding organizational alignment all inject risk and potential for delay in exiting.

Successful Chief Executive Transitions ~ Part 1: Capturing Opportunities, Minimizing Risks

Welcome to the first installment of our three-part series on successful chief executive transitions. In this initial post, we discuss how to minimize risks and capture opportunities with three stakeholder groups during a CEO transition. Part two will address the role of the predecessor, who has a significant part to play in the overall success of a new CEO’s transition. Our final post will offer suggestions on what incoming CEOs can do to help themselves through the transition period.



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