12 Executive Competencies

Hiring a CEO, CFO, COO, and CIO, is very different than hiring for the rest of the organization.  The future of your organization rests in their hands.  According to The Harvard Business Review, 2 out of 5 new CEOs fail in their first 18 months on the job. The executives are knowledgeable, competent, and have prior experience. So what did you miss? According to research, a LOT!  

A bad CXO hire can cause significant damage to your organization including, damage to your brand, your reputation, loss of your status in the marketplace, championing initiatives that are not needed, cancellation of expensive initiatives introduced by the previous CXO, alienation of the workforce, and many more.  Don't forget the cost associated with buying out their contract.    

We spent five years researching where and why CXO leaders fail.  There is an extensive amount of information available on WHY they fail, including studies by Finkelstein, Collins, Dotlich, Cairo, Jarrett, Sucher, and others, but very little information on what questions to ask during interviews to identify an executive's areas of weakness, failure points, and blind spots before you hire them.  

Our team identified the leadership competencies and created the Behavioral interview questions and an extended set of follow-up probes to help your board of directors gain a clear picture of the executive's past performance and alert you to blind spots that can derail your organization. 

Our network of executive coaches can help your existing CXO identify and remove their blind spots.  Call today and let us know how we can help.