High-stakes hiring: a new approach to the new normal

When it comes to hiring a new executive leader, past performance is not the best predictor of future success. Today’s c-suite roles demand different and broader skills than they did even a decade ago. To find the best person for the role and the organization, leading companies are taking a multidimensional approach to assessment that extends far beyond backward-looking interviews.

At a glance

• Functional expertise still matters, but behavioral competencies such as collaboration, change leadership and driving innovation are more crucial to high performance.
• Today’s business organizations are complex ecosystems, and leading companies assess candidates for top roles by their ability to adapt.
• By evaluating the interplay among the individual, the role, the organization, and the external context, companies can make better hiring decisions at the top.