Spencer Stuart’s Mary Bass shares her perspective on the need for a diverse leadership and its influence on how companies think about talent. In the interview, she explains why diversity of thought is needed in the energy industry to combat the challenges the industry is facing.
Banco Santander Brazil Chairman Sergio Rial recently sat down with Spencer Stuart for an interview. In addition to his role with Banco Santander, Rial sits on the boards of Delta Air Lines and Cyrela Brazil Realty. Previously, he served as CEO of food processing giant Marfrig Global Foods. And was chief financial officer and board director for the worldwide food conglomerate Cargill. In the interview Sergio Rial discusses top priorities for CEOs today.
It is widely understood that culture can impede or facilitate performance, and that poor cultural fit is one of the most common reasons why newly hired executives fail. Spencer Stuart finds that despite the growing appreciation for culture, few executives can describe their company’s culture, what drives their culture or whether the current culture supports or works against their business plan.
One lever of performance that rarely appears on a board’s agenda is culture. Spencer Stuart finds very few boards put equal focus on culture as they do strategy, risk or CEO succession planning. Culture has the power to make or break business strategy and even the most experienced executive. Boards can enhance their understanding of culture to improve company culture and foster long-term shareholder value.
Spencer Stuart finds that establishing a new CXO role represents just one approach to achieving these goals; many CEOs prefer to place responsibility for key functions and high-profile initiatives with every member of the senior management team.
Many boards focus on the short term goals, where the pressure to meet quarterly earnings and the demands of investors are top priority. Spencer Stuart outlines how boards can create value by looking further ahead. Part of the board’s ability to take a long-term view is informed by how it sees its responsibility to shareholders.
Spencer Stuart spoke with CEOs across Europe with a marketing background about the skills needed to succeed in general management. The guidelines in the report provide valuable lessons for CMOs looking to rise to the role of CEO.
Tom Simmons, global practice leader of Spencer Stuart’s Energy Practice, shares insights on energy industry trends, how growth is impacting talent, leadership needs, and what will be expected for tomorrow’s energy CEOs.
Spencer Stuart sat down with Bill McDermott, CEO of SAP, one of the world’s largest business software companies. In the video interview, Bill McDermott discusses the challenges of becoming a global, adaptive company in an ever-changing economy.