People management: Why managing risk starts at the topPeople management: Why managing risk starts at the top https://c-suitenetwork.com/wp-content/uploads/2017/07/people-management-why-managing-risk-starts-at-the-top.jpg 657 404 C-Suite Network https://c-suitenetwork.com/wp-content/uploads/2017/07/people-management-why-managing-risk-starts-at-the-top.jpg
By the time an executive reaches the top job, they are likely to have had several years of experience in executive roles. They have been sharpening their skills for the CEO role. However, very few can transition to the top without facing unexpected challenges. For all the experience and planning, they won’t have CEO experience. Which means, as CEOs have told Korn Ferry, that role is different to any other.
A CEO stands at the intersection of 2 challenging stakeholder groups. There is the executive team, sectors of the business, and people who make up the enterprise. And then there are customers, the board, investors, stakeholders, and the media.
New CEOs and those in the pipeline for the role must quickly learn what it means to reside in this high-performance juncture between internal and external stakeholders. Scrutiny begins even before a new CEO takes the reins, and the need to ramp up quickly is critical.
Leadership development tools for CEOs
Many CEOs seek out coaches or mentors, or speak to people with experience who they trust. They might also participate in formal leadership and development programs designed specifically for CEOs. For example, Korn Ferry’s Chief Executive Institute offers new CEOs or CEO…