How can a CEO make an outstanding impression when moving to a new company? Investigations by research team Michael Birshan, Thomas Meakin and Kurt Strovink, writing for McKinsey Quarterly, reveal some answers for aspiring high-fliers.
Making the transition to a fresh role is a huge test for leaders in the contemporary business world. Getting your early moves right is vital if you want to get the existing team on board and guide the company to singular success.
To pinpoint the best tactics, McKinsey’s Birshan, Meakin and Strovink studied the experiences of the very highest performers – five per cent of a data set of around 600 CEOs at S&P 500 companies over a ten-year period. To identify any common behaviours they compared these with chief executives whose business success ranked in the top 20 per cent of the sample.