Your long tenured E.D. decides to retire. Your CEO is running out the clock. Or worst case scenario – you made the wrong hire and it took you two or three years to make a move. Now you want to get it right. You want to know how to prepare for a successful search and you are wondering if a search firm is key.
There is no point in an organization’s life in which it is more vulnerable than the moment a decision is made that the CEO will move on. Today I want to talk about how a board of directors prepares an organization for a terrific search, thus exponentially increasing the potential for success.
What do you need to do for a search firm to have an understanding of the mission, culture and values of the institution? Does the search firm need to meet with the board before a search?
My guest, Melissa Madzel, is the Managing Director of Equity Initiatives and Koya Partners who claims her superpower is to figure out who the smartest and most interesting people are in the room and introducing them to each other.
What are the elements that go into making great and diverse hires? Who should be on the search committee? How long in advance do you plan for a hire? What are some of the key elements in a candidate? When do you engage staff? And what are some of the DEI factors to consider, especially when hiring in a leadership position?
Today she answers these and more questions about the planning and scaffolding that needs to be in place in order to set up a leader for success.
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