Monday, December 03, 2007
Keys to Spotting a Flawed CEO -- Before It's Too Late
It's easy to spot a bad chief executive once the damage is done -- a plunge in company earnings, a failed product line, a corruption scandal. But how do you spot the flaws before it's too late, before that person is given the job of leading the company?
Here are some warning signs that board members and search committees can look for in a prospective CEO's character, and measures they can take to reduce the likelihood of hiring a dysfunctional CEO.
The Warning Signs
• An overt zeal for prestige, power and wealth. A manager's tendency to put his or her own success ahead of the company's often is evident long before that person is ready to assume the CEO post.
See full Article.