The unthinkable has happened -- Apple's brand value has dropped for the first time. Meanwhile, equally improbable, BlackBerry is seemingly rising from the ashes. Yet, for their differences in fortune, the fates of both companies have been inextricably linked to the role played by CEO succession.
National Expertise Director, Organizational Effectiveness, Hay Group
Andrea Plotnick is National Expertise Director, Organizational Effectiveness for Hay Group, based in Toronto. Andrea helps clients in crafting and executing strategic change, whether it is designing organizations, building effective teams, or assessing, developing and coaching for improved performance. Andrea holds a Doctorate in Applied Social Psychology. She is a faculty member and advisor to the Directors College, a joint venture between De Groote Business School and the Conference Board of Canada.
The normal interview process focuses on potential candidates' successes. One of the most critical questions we don't ask is: "Tell me about a time when you experienced a failure, and what happened?" If you look at most successful CEOs, many of them have had significant failures in their past. But, what makes them successful is what happened after.
12/13/2012 05:48 EST
A collective identity is the organizational DNA that gives people a common sense of culture and belonging, and allows them to feel that they are part of something bigger than themselves. It's one of the reasons why we hear so many people say they love their company or profession and talk about it as a lifestyle. As the next generation moves into the workplace, a generation that is more connected through social media than any other, here are a few tips for corporate leaders to develop and foster a collective identity in their organizations.
10/05/2012 12:07 EDT
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