Managing Director, New York
A company needs a new CEO and the search begins. Eventually one is hired, with impeccable credentials, great experience, and a demonstrated track record of success in positions of increasing responsibility. But two years later, the CEO is gone and it’s clear that the company has taken steps backward, not forward. What happened?
One answer lies in looking beyond the traditional and time-honored measures and metrics and recognizing a critically important but often overlooked element of CEO success or failure: culture fit.