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Leadership Insights for Business Success |
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Reviewing Your CEO? 7 Key Tips for a Smoother Ride and a Successful Review |
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Every board clearly wants its CEO to succeed, and one of the best ways to do that is to provide meaningful feedback. Designing your CEO feedback process to be credible, transparent and effective requires these 7 several foundational items
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In my experience, every board clearly wants its CEO to succeed, and one of the best ways to do that is to provide meaningful feedback. However, for many boards, feedback is often only provided when things go sideways, such as missed financial targets or a public relations crisis.
Senior leaders frequently mention to me how the performance feedback they receive from the board is relatively inconsequential or ‘lightweight’. Often just a cursory summary at fiscal year-end.
Like everybody else, top-level executives need structured feedback regarding their performance. The benefits are numerous - enhanced role clarity for both CEO and directors, clearer definition of strategic direction and key priorities, improved communications between all parties as well as increased accountability at both the executive and board levels.
Typically, this feedback should answer several key questions in relation to....... (cont'd) |
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Around The Web: Noteworthy News & Research
You’ve Climbed the Corporate Ladder. What’s Next?
After decades of climbing the corporate ladder, many executives choose to seek out a “second act” —a new professional phase, often one that has a social impact. This offers them a chance to leave a different kind of legacy, taking the skills and experience they gained in the corporate world and applying them to encore careers. These ‘second act’ executives typically want to have a bigger impact and be better aligned with something they’re passionate about and find meaningful.
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Get Creative to Reach the C-Suite: Explore Alternate Paths
Although there is lots of evidence regarding attaining C-suite careers using predictable paths, it is more novel, and perhaps more instructive, to look at leaders who manage to do it differently. These non-traditional paths to the top show that there are multiple ways to reach the C-suite, and opportunities arise when executives can prove their value in distinctive ways.
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300 - 1095 McKenzie Avenue
Victoria, BC, Canada V8P 2L5
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