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Leaders in every sector of the economy are under intense scrutiny, reinforcing the high stakes involved in ensuring the right person has been selected to lead.
We are deeply humbled to receive the inaugural IDEA Award for outstanding contribution to Inclusion, Diversity, Equity and Access by the global Association of Executive Search Consultants (AESC).
Chief executives took a sizeable pay cut this year amid the coronavirus pandemic which has slashed the pay of their workforces, with leading bosses such as Macquarie's Shemara Wikramanayake, Transurban's Scott Charlton and Qantas' Alan Joyce among those to take the biggest hit.
We can see the wave of change thundering through organisations – driving an increased need to invest in staff who are agile, digitally savvy and creative. At the same time, organisations need to implement new (and lower cost) models and structures to meet the competitive landscape.
With the world facing the most disruptive period in history, the chief executives of today are either shaping the business models of tomorrow, and creating new growth engines, or watching in horror as their traditional revenue streams dwindle to a trickle.
The future CISO is a forward-thinking IT business leader with deep exposure to the C-Suite and Board. They are security guardians – prescient and proactive in cyber risk management – and highly strategic at adapting, preventing, and responding to cyber risk threats. Further, they convey these threats through metricated data to protect an organisation’s finances, assets, brand and customers.
While gender diversity is still at the forefront of external search assignments and internal succession programs for leading Australian companies, a recent Association of Executive Search Consultants (AESC) panel on “Cracking the Bamboo Ceiling” has reaffirmed ‘cultural diversity’ as a critical lens for leadership succession.
Many CFO’s aspire to be the CEO-in-waiting. Many believe that planning their career trajectory to incorporate operational management, or other experiences gained outside finance, is enough to achieve the apex of executive life. The challenges, however, confronting modern CEO’s—and Boards responsible for appointing them—can present signification barrier to such career strategies.
With the recent acceleration of globalisation and aggregation of businesses the volume of M&A prospecting has considerably grown. In the last four years alone, the Johnson team has researched over 2,000 targets, and we have engaged with the owners of at least 250 businesses, and advised on dozens of acquisitions or mergers.
Various corporate failures of late have been well-documented, with most of the issues having resulted from widespread breakdowns in governance. In the aftermath, the focus has been on directors and the clear omissions in governance.