article source: businesschief.com
overview: Organizations are widening their horizons in the search for their next CEO – considering external candidates and those from less traditional C-suite routes.
“The pandemic changed the way we work, from increased digitization to changes in the supply processes to a work-from-anywhere model, and organizations are looking for leaders who understand this and can get on board with the new world of work".
There are disadvantages to hiring externally, and especially today. “The gestation period has shortened, and the performance threshold is higher, so external candidates really have to hit the ground running, which can be challenging without the social connections and internal network”, acknowledges Sanjay Shetty, Director Professional Search & Selection and Strategic Accounts, Randstad India.
