Heidrick & Struggles

In Heidrick & Struggles’ latest installment of LEADERSHIPTV, the firm outlines the process for finding, onboarding and sponsoring transformational executive talent.

A recent article from Senn Delaney finds that executive leaders who play offense are more likely to successfully navigate their company through challenging times. A new study finds that leaders who make bold business moves outperform their competitors.

When it comes to filling a position, many boards replace departing board members with someone who possesses similar experiences—a CFO with a CFO. A recent report by Heidrick & Struggles finds that successful boards go beyond simply filling the vacancy. They instead engage in succession planning and look ahead to the talent implications of the company’s strategic priorities.

Senn Delaney finds that culture is critical to an organization’s success and HR leaders play a significant role in generating that culture. To understand the correlation, Senn Delaney hosted a roundtable discussion with senior leaders. The panelists discussed the implications of culture, why culture should be shaped, and how the culture should be measured.

Senn Delaney finds that organizations with the one company, one team, one culture mindset have higher performance compared to organizations that lack cohesion.  Although it is difficult to find organizations across geographic regions that are fully integrated, most operate somewhere in the middle.

In a recent article Senn Delaney explained that creating a culture of agility should be a CEO’s top priority.  The idea behind culture of agility is being able to adapt without having to change. Agile organizations are able to adjust as circumstances change.  Significant amounts of research have linked a culture of agility with profitable growth. Massachusetts Institute of Technology research found that agile firms increase revenue 37% faster and generate 30% higher profits than non-agile companies.

In the video series Senn Delaney sat down with Dr. Michael Ugwueke, president and COO of Methodist Le Bonheur Healthcare, to discuss the importance of creating the ‘Power of One’ culture.

Reports indicate that one third of mergers fail within five years and 80 percent never live up to their full expectations. In a recent report Senn Delaney described best practices to ensure success in a merger or major acquisition. Aside from the strategic, financial and other criteria considered during a merger, leaders should beware of the potential clash of cultures. A lot of evidence finds the success of a merger hinging on the time it takes to align cultures. Yet this is one of the areas that receive the least of executives’ time compared to other aspects of the deal.

Senn Delaney sat down with Rob Carter, co-CEO of FedEx Services and CIO of FedEx Corporation, discusses bringing a People-Service-Profit culture to life at FedEx Services. The People-Service-Profit (P-S-P) has been a philosophy of FedEx since the company’s founding.

A recent article from Senn Delaney provides CEOs with best practices in guiding organizations to create communication and engagement plans to motivate and improve performance. A change in culture is not change that will occur overnight, but an ongoing process that requires the CEO to play a significant role.