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The Right Leader: Selecting Executives Who Fit

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The Right Leader: Selecting Executives Who Fit

Nat Stoddard, Claire Wyckoff

ISBN: 978-0-470-52773-3 April 2009 352 Pages

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Description

A trailblazing approach to choosing executives who both match the needs and fit the cultures of the organizations they will lead

Leadership failures damage or even destroy companies every day. To reduce the costs of leadership failure, the author has developed a revolutionary process for selecting executives based on his years of consulting for some of America's largest corporations. The Right Leader details this new approach and how it eliminates the leadership failures that plague so many companies around the world today. When executives don't address the right needs, or can't lead the organization because of a poor fit with the corporation's cultures, the company loses competitive advantage, talented people, and momentum. The Right Leader introduces the revolutionary Match-Fit Model and explains how it reduces the risks and costs of executive failure by changing the factors that are considered and by taking into account the cultural dynamics at play in any organization.

Nat Stoddard (New York, NY) is Chairman of Crenshaw Associates, a New York-based consulting firm specializing in career and transition management for senior executives. Claire Wyckoff (New York, NY) is an accomplished writer and editor, who has held executive positions in both the corporate and nonprofit sectors.

List of Illustrations xi

Foreword xiii

Acknowledgments xv

Preface: The Why’s and Wherefore’s Behind This Book xvii

1 Introduction 1

Part One: The New Paradigm for Leadership Selection 21

2 Design for a New Selection Model 23

3 The Abilities Bucket 41

4 The Personality and Energy Bucket 61

5 The Character Bucket 73

6 The Company’s Needs 97

7 Corporate Culture 111

Part Two: Fixing a Flawed Selection Process 137

8 The New Hiring Process—‘‘Hit My Smoke!’’ 139

9 Changing the Way Candidates are Vetted 149

10 The Missing Links to Selecting the Right Leader 167

11 The FAC Process at Work: The Case of SDI, Inc. 197

12 Putting It All Together: A Recipe for Success 211

Part Three: Conclusion 235

13 Why Boards Should Care 237

14 ‘‘You’re Cleared in Hot’’ 259

Notes 279

Appendix A. Assessment Tools Matrix 293

Appendix B. Cross-Cultural Virtues 297

Appendix C. Book Figures 303

Bibliography 307

Index 317