Do You Have the Right People in Your Foxhole? Consider C-Suite Peer Groups

Being a leader is a lonely job under the best of circumstances. Forging close friendships with work colleagues isn’t part of a CEO’s remit, nor should it be. Even executives who are committed to inclusive and transparent leadership understand that the unique demands of running an organization require a certain degree of circumspection. During a crisis, communicating with the right blend of candor, optimism, and urgency while preserving the optionality to make tough decisions becomes an exponentially more challenging needle for leaders to thread.

What CEOs Are Talking About Right Now

If you wonder what chief executive officers are thinking right now, here is a small window into those conversations. Recently, RHR International facilitated conversations with groups of CEOs from different industries. The purpose was to allow CEOs to share ideas and to calibrate their thoughts about reopening after the COVID-19 shutdown. As the CEOs started sharing, it quickly became obvious not every industry sector is in the same place. Some companies are fighting for survival, others are weathering the storm, and a third group is thriving due to new, unexpected opportunities.

CEO Succession and the COVID-19 Pandemic

As the coronavirus crisis impacts our society, it creates some unique challenges for boards. One of the major issues under consideration is whether the chief executive officer who took you to this point is the same leader who can take your company through this challenge and beyond. Ultimately, leaders are judged by the way they perform during the worst of times, and the current crisis represents a challenge that no current CEO has seen previously in their careers. How CEOs and their teams perform during these moments of truth will be an unforgiving test of their character.

COVID-19 Special Leadership Edition | March 26

At RHR, we believe that leadership is a noble endeavor and, if done well, is a force for good in the world. In this unprecedented moment in history, good leadership is now, more than ever, critical to the well-being of our world, nation, communities, and all of our businesses.

Here we present four resources to help you and your organization respond and adapt to the repercussions of COVID-19. 

I hope that you and those around you remain safe and well.

Sincerely,

The Importance of Leadership in Uncertain Times

It is nearly impossible to escape from the unending stream of global unrest, and yet, in extraordinary times people turn to their leaders for guidance and reassurance more than ever before. The Edelman’s Trust Barometer of 2019 shows a global population increasingly pessimistic about the future, and with eroding trust in the institutions that govern the world we live in. Yet, of society’s core institutions (My employer, NGOs, Business, Government, Media), trust in one’s employer remains the most robust.

Executive Assessment—More Than a Risk Mitigation Tool

Executive assessment is a commonplace tool used by organizations to make informed decisions on hiring critical talent. There are many variations out there, but most established human capital consulting firms use a multimethod approach. That is, they use psychometric testing to gain insights on problem-solving capabilities and leadership style combined with a biographical interview and experience benchmarking if needed. This data provides insight on fit to role and should also identify developmental gaps and areas of focus for effective onboarding.

Mastering Oscillation: How Peak Performance in Sports and Business Are Related

Witnessing some of the greatest athletes of all time perform at their very best late into their careers should give all of us pause. How do Roger Federer, Serena Williams, and LeBron James—each one achieving Greatest Of All Time (G.O.A.T.) status—maintain the stamina, mental focus, physical prowess, and passion for their sport well into their late 30s, when most others have retired their number and hung up their sneakers?

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