(from McKinsey & Company) A CEO’s likelihood of performing above average depends heavily on the mix of strategic and organizational decisions made during his or her first two years on the job, according to research by McKinsey. Research also shows that management reshuffles are a critical piece of performance, with two-thirds of CEOs replacing half of the top leadership team within the first two years. This can create opportunities for new CEOs to boost gender diversity. Not many do so however, which suggests CEOs and the boards that hire them could think more carefully about gender and diversity from the beginning of their tenure. Another notable finding: CEOs promoted from within companies increased gender diversity significantly more, on average, than those hired externally.
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