In many cases CEO's operate autonomously. Even if a board oversees the operation of the company, the CEO still maintains very little guidance regarding the day-to-day affairs of the firm. This situation creates an often volatile employment atmosphere for upper management personnel and trickles down to middle management and beyond.
Current Statistics indicate approximately 1% of CEO's are removed from their position due to mismanagement while decreased earnings in many companies should indicate a problem at the top.
Flexibility
“Choosing the right company, the right job, the right boss, the right environment—all (of those choices) can sometimes be the difference.” - Herb Baum
Following substantial debacles in other large, but failed, firms such as Enron it is increasingly apparent a new method of finding a CEO that will match the goals and atmosphere of today's business environs may be required. Where a CEO has typically been adept at good management skills more is required in the twenty-first century.
Adaptability
“I have to be able to talk with the technical person as well as the business person and the financial person.” – Nick Francis, CEO
With the increase in a consumer-centric marketing environment it is possible that a growing amount of marketing staff may be suited for CEO positions. It is important to note that many analysts agree marketing skills alone won't likely result in a CEO position. Business interests are still interested in a well-rounded prospect.
“Reinventing the wheel is sometimes the right thing, when the result is the radial tire.” - Jonathan Gilbert
Wheel Reinvention for CEO Procurement
The CEO Registry (www.ceoregistry.com) provides the technology and innovation to assure absolute privacy for both CEO's as well as employers. This is accomplished by the creation of an atmosphere that encourages discussion and support through anonymity.
With a committed emphasis on qualified candidates coupled with compatibility concerns, a CEO search through CEO Registry can provide a new means of important dialogue with CEO prospects increasing the likelihood that a match may be realized.
The usefulness of CEO Registry may lie in the ability to move quickly through the discovery phase and pare down your list of candidates in a highly streamlines process. The end result is the greater likelihood that your CEO will be more compatible and in place sooner than other traditional methods of CEO procurement.
