Saturday, July 30, 2011

THE CHALLENGE OF GOING FROM BIG TO SMALL COMPANY CAREER CHANGE

Recently an executive at a private equity firm asked me about my experience with CEO's of mid-market companies who come from management positions of Fortune 500 size companies.

He related how the performance of such CEO's are consistently below his expectations - because of their outstanding success at GE, IBM, Goldman Sachs, etc. So what is the solution [besides lowering expectations]?

CEO's interviewed suggests we should pay attention to:

  1. More targeted interviewing around "success factors" specific to what is required of leadership to achieve in the given company


  2. What areas the executive might benefit from coaching


  3. A structured on-boarding process that helps the newly landed executive develop trusting relationships before invoking change initiatives; structured dialogue around style and expectations of both the new executive and his/her team

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