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Exclusive Reveal: CEOs & Directors Share Game-Changing Insights
In today's volatile business environment, navigating change is more critical than ever. Spencer Stuart’s "Measure of Leadership" report offers insights from over 2K CEOs & board directors on steering organizations through hashtag#change & turbulent times. As always, I’ve done the reading & summarising on your behalf & extracted key insights:
1. Embracing Internal Priorities - Leaders are focusing on controllable factors like company culture, talent attraction, & retention, which are essential for building resilient organizations
2. The Confidence Gap - The report reveals a confidence gap: directors are more confident in their CEOs' readiness to tackle challenges than CEOs are in their boards. This highlights the need for stronger alignment & communication
3. The Role of AI & Technology - While AI & technology are transforming industries, fewer than half of the leaders prioritize these areas, suggesting a cautious approach to new technologies
4. Listening to Employees - Listening to employees is crucial. There are disconnects between what leaders prioritize & what employees see as critical. Bridging this gap ensures strategies are grounded in reality
5. Continuous Dialogue - Ongoing dialogue among leaders is valuable. Sharing experiences helps CEOs & directors navigate change more effectively
💬 In conclusion, leading through change requires a focus on internal priorities, strategic use of technology, & strong communication. By fostering a culture of continuous learning & adaptation, leaders can better prepare their organizations for the future
💡 Did you know that targeted executive coaching can bridge the confidence gap between CEOs & boards by enhancing strategic alignment & communication? It also equips leaders with the skills to effectively integrate new technologies & respond to employee concerns, helping them to build resilient & adaptive organizations
But don’t take my word for it, take it from a client of mine, the CEO of a luxury retail company who was promoted from the CMO position. Next to having to deal with the board of directors of the parent company directly, she was also tasked to present a new 3-year strategy and grow the footprint of the retail business substantially. She described our work as follows:
“I want to take this opportunity to express my gratitude for your support and coaching in my development as a CEO. Your coaching has helped me to define a clear vision for our company, develop a strategic plan for my team, and enhance my self-awareness substantially. The coaching has been crucial in my journey to become a more effective leader. Your coaching not only helped me navigate the initial transition challenges but also empowered me to make impactful decisions that align with our long-term goals. I’d like to thank you for your invaluable support.”
In today's volatile business environment, navigating change is more critical than ever. Spencer Stuart’s "Measure of Leadership" report offers insights from over 2K CEOs & board directors on steering organizations through hashtag#change & turbulent times. As always, I’ve done the reading & summarising on your behalf & extracted key insights:
1. Embracing Internal Priorities - Leaders are focusing on controllable factors like company culture, talent attraction, & retention, which are essential for building resilient organizations
2. The Confidence Gap - The report reveals a confidence gap: directors are more confident in their CEOs' readiness to tackle challenges than CEOs are in their boards. This highlights the need for stronger alignment & communication
3. The Role of AI & Technology - While AI & technology are transforming industries, fewer than half of the leaders prioritize these areas, suggesting a cautious approach to new technologies
4. Listening to Employees - Listening to employees is crucial. There are disconnects between what leaders prioritize & what employees see as critical. Bridging this gap ensures strategies are grounded in reality
5. Continuous Dialogue - Ongoing dialogue among leaders is valuable. Sharing experiences helps CEOs & directors navigate change more effectively
💬 In conclusion, leading through change requires a focus on internal priorities, strategic use of technology, & strong communication. By fostering a culture of continuous learning & adaptation, leaders can better prepare their organizations for the future
💡 Did you know that targeted executive coaching can bridge the confidence gap between CEOs & boards by enhancing strategic alignment & communication? It also equips leaders with the skills to effectively integrate new technologies & respond to employee concerns, helping them to build resilient & adaptive organizations
But don’t take my word for it, take it from a client of mine, the CEO of a luxury retail company who was promoted from the CMO position. Next to having to deal with the board of directors of the parent company directly, she was also tasked to present a new 3-year strategy and grow the footprint of the retail business substantially. She described our work as follows:
“I want to take this opportunity to express my gratitude for your support and coaching in my development as a CEO. Your coaching has helped me to define a clear vision for our company, develop a strategic plan for my team, and enhance my self-awareness substantially. The coaching has been crucial in my journey to become a more effective leader. Your coaching not only helped me navigate the initial transition challenges but also empowered me to make impactful decisions that align with our long-term goals. I’d like to thank you for your invaluable support.”
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