Hiring the CEO is one of the most critical responsibilities of a board. While a thorough recruitment process is vital, it does not guarantee an excellent appointment. By adopting a ‘set for success’ approach, boards can significantly enhance the likelihood of the CEO’s success by fostering an environment based on trust and psychological safety.
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Duration - 60
CPD Points
Improve your board’s ability to support and empower the CEO and hear from experienced leaders as they discuss how approaches to setting the foundation for a successful CEO tenure. The panel will cover:
- Designing the CEO recruitment approach:
- Importance of defining challenges, values and attributes required by the CEO
- The Chair’s pivotal role including ensuring alignment with the board’s vision
- Conducting a thorough search:
- Designing a comprehensive and inclusive search process
- Role of the People/Nomination and Remuneration Committee, the Chair and board:
- Strategies for setting the CEO up for success
- The Chair’s key role in a unified approach in supporting his onboarding
- Establishing Role Clarity:
- Defining indicators and aligning business financial and non-financial objectives
- Understanding the CEO needs:
- Balancing support and intervention from the board (including the Chair)
Building a strong, trusting relationship with the CEO is of vital importance to ensure the board directors have vision and confidence in the organisation’s direction. This webinar will provide valuable insights and practical tools to ensure your board is well-equipped to hire the right CEO and support their success throughout their tenure.
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