In an industry that is certainly close to the top of the list of those profoundly affected by the COVID-19 pandemic, leaders were already challenged by the need to, “adapt our food systems to sustainably feed almost 10 billion people by 2050 in a world with shifting climate and environmental pressures,” says Dr. Jennifer van …
Financial services is a sector that values leadership. A survey that asked UK workers whether strong leadership was a reason to stay in their jobs saw more positive responses in financial services than in other industries, reports Ruth Jacobs, managing director of Randstad Business Solutions. Though leaders in the sector may be valued, they are …
“Change fatigue” is a phrase that a report from the McKinsey Company uses to refer to leadership in the pharma industry. Indeed, even before the COVID-19 pandemic, pharma wrestled with globalization, the quest to reduce costs, regulatory issues, and efforts to add value while remaining customer-focused, among other challenges. An overview of pharma-leader responsibilities includes …
Because labor costs typically consume 50 to 60 percent of a hospital’s operating revenue, less-than-stellar leadership can have a significant impact. “Healthcare organizations represent a system of processes, people, and other resources that must be led effectively to achieve the desired outcome of high-quality, safe patient care,” writes Carol J. Huston, a nursing leader and nurse …
When businesspeople refer to private equity-backed company leaders, they are typically referring to CEOs hired by private-equity (PE) firms to run new acquisitions in their portfolios (these portfolio companies are sometimes abbreviated as “portcos”). PE firms may hire other leaders, such as CFOs and other C-suite executives, but CEOs are the main focus. Much of …
Those who aspire to lead at the director level and above in the private-equity (PE) industry have no lack of opportunity. Private equity has been on a growth trajectory since the 1980s when very few PE firms existed compared to today’s $4 trillion global sector, according to a 2020 study by Prabhpal Grewal, Charles Hendren, Johan …
What You Need to Know Right Now to Level Up as a Chief Revenue Officer Chief Revenue Officer is one of the newest C-Suite roles, with articles first appearing about the role around 2012. CRO has its roots in Silicon Valley, spurred by the quest for revenue generation around digital products and services, especially the …
What You Need to Know Right Now to Level Up as a Chief Human Resources Officer The perceived skills gap, the rise of human-resources technology, and the fierce competition to hire and retain the best talent are among the reasons the role of human resources in general, and specifically Chief Human Resource Officers (sometimes called …
This is Part 2 of a two-part series on career reinvention for senior-level executives. Part 1 explores a dozen key activities for reinvention. As we saw in Part 1 of this series, the desire for reinvention often springs from discontent, if not downright unhappiness. Senior-level executives who have lost the mojo of their careers may …
This is Part 1 of a two-part series on career reinvention for senior-level executives. Part 2 explores various reinvention options. If you’ve had a “Peggy Lee” moment as a senior executive, in which you asked yourself, “Is that all there is?” with regard to your life or career, you are far from alone. Though author …
