Skip to content

CAIL Innovation Blog

Selecting a High Performance CEO – to “ Innovate for Impact “

  • by

As studies have observed meaningfully improving outcomes from innovation and effecting change starts at the top. 

To best position the organization for success, who is the best person to be CEO ?

To answer this question, Spencer Stuart analyzed the performance of 1,300 CEOs since the turn of the millennium and found  that –

  1. 85% of CEOs were previously a – Divisional CEO, CFO, COO,  person below the 2nd layer of management. 
  2. The conclusion –  The person below the 2nd layer of management (referred to as a  “Leapfrog Leader“) produced the best outcomes with 41.2 %  ranking in the top quartile of CEOs for performance. 
  3. Former CFOs were the least likely with a ranking of 7.9 %
  4. Former Divisional CEOs turned out to be the safest bets. While they were less likely to overperform than “Leapfrog Leaders“ they also were the least likely to underperform of all four groups.

For the full study, see  here.

Dec 10, 2021                 CAIL Innovation commentary                        905-940-90000

Leave a Reply

Your email address will not be published. Required fields are marked *