CEO Insights Formative experiences may be key for CEO readiness
CEO candidates deemed most effective underwent the most developmental assignments, Korn Ferry data show.
They also suggest that formative experiences heavy in strategic and people demands may have greater potential to develop leaders. CEOs, compared with leaders at other levels, are more likely to have taken a wide range of developmental, career-building experiences in financial management, strategy development, and external relations (Sevy, Swisher, and Orr 2013). But within a group of highlevel executives on track to become the next CEOs, which formative experiences differentiate between the most effective and the least effective?
