Deciding Who Leads
IN THIS SUMMARY
Because of the inherent risks and rewards of attracting senior management, leadership recruitment and succession planning are at the top of the agenda for growth-minded corporations. Organizations' futures are determined by the investments they make - or fail to make - in the recruitment, development, and retention of leaders. Many companies are searching for a road map for improvement. Deciding Who Leads by Joseph Daniel McCool, provides corporate leaders guidance on meeting the challenge of an executive search. With its outline of best recruitment practices and tactical advice, this book provides executives with the new rules of engagement for recruiting and retaining senior leadership. Working behind the scenes, executive search firms are an invisible, but forceful presence, at the center of the global competition for leadership. With their experience, networks, opinions, and judgments, these firms influence executive compensation, management turnover, and leadership development. Because of their powerful influence, executive search firms are often cast as both heroes and villains. Search consultants are most admired when they act as trusted knowledge leaders who guide hiring organizations through the global market searching for leadership talent. They are criticized when they recruit key executives away from organizations and when they make an imperfect judgment about the fit between an executive and a corporation. Executive search firms assist corporations with achieving a strategic leadership advantage over their competitors and they infuse them with new leadership assets. However, the true potential of executive recruiters is only realized when corporations are smart consumers of search firm services. McCool believes that hiring a search firm is an especially consequential move for a company, because "senior executives, more than any other employees, knit the fabric of the employer culture into a coherent whole, mold the strategy that drives shareholder value, and set the rules that ultimately dictate the customer experience."