Post-Pandemic ‘New Normal’ Brings New Talent Challenges
Inflation and remote work issues are making it harder for credit unions to attract new talent. After dealing with excruciating recruitment and retention problems during the pandemic, credit unions are seeing in the “new normal” of the post-pandemic era new challenges related to inflation and remote work, which may be less excruciating but nevertheless problematic.
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As the Pandemic Wanes & the Skies Clear, CEO Turnover Is Increasing
At the height of the COVID-19 pandemic, businesses were so busy putting out fires that their executive succession plans were set aside. Ongoing lockdowns kept most employees working from home, and disruptions to supply chains left many executives with difficult decisions, like replacing long-standing vendors with more dependable ones. The COVID-19 pandemic and supply chain
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CEOs Are Getting Older & That’s Concerning
By Shawn Cole, President & Founder — Shawn Cole is a nationally recognized authority on CEO recruiting. His insights regularly appear in Forbes, Bloomberg, The Wall Street Journal, Harvard Business Review, Fast Company, Entrepreneur, and other leading publications, delivering nuanced and critical analysis on executive recruitment, corporate turnarounds, and the evolving demands of modern C-suites.
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Economic Downturns Don’t Last Forever — Here Are 5 Ways to Maintain Resilience During a Recession
Don’t worry. There will always be a light at the end of the tunnel. There are a host of challenges you’ll face as the founder of a startup. Finessing your products or services, identifying your target customer base and hiring your supporting staff are just a few examples. Some companies will need an influx of capital
Read More6 Signs It’s Time to Hire Employees for Your Startup
Thankfully, outside assistance can lift a significant burden from your shoulders. A new leader could identify potential opportunities you’re passing up or areas where you could improve your business operations. Above all else, it allows you to step back from the day-to-day operations and focus on big-picture ideas that will grow your business. The early days of
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All You Need to Know About a Chief Growth Officer
In a fluctuating economy, more companies are looking to expand their market reach, and they’re turning to Chief Growth Officers (CGOs) for guidance. According to a recent analysis from LinkedIn, CGOs are ranked fifth among the fastest-growing marketing and sales roles in the U.K. Similar studies from LinkedIn indicate that hiring for CGOs increased by
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Characteristics of a Competent Board Member
Your company’s board of directors sets the tone for the entire organization. They’ll decide when to bring on new executives and establish specific objectives for various departments to work toward. Typically, their experience in prior executive leadership roles gives them the perspective they need to liaise directly with senior leadership while still maintaining their independence
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Interim Leadership: Beneficial or a Problem in the Making?
Hiring the right executive to lead an organization isn’t easy. It can take months or years to find a suitable leader who possesses the skills you seek and is the right cultural fit for the company. That’s why many businesses turn to interim leaders who help fill in the gaps while looking for a long-term
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6 M&A Challenges to Be Aware of in 2023
M&As are attractive to companies seeking to scale or expand their organization quickly without needing to establish their own foothold in a new market. Businesses that have already “done the work” and align well with an acquiring company’s strategy are often targets of M&A’s, especially those with attributes that reduce their monetary value, like operating
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