How CHROs Can Derisk Hiring and Succession Decisions

As a CHRO, you will know that finding capable executives is only half the battle. The real challenge lies in ensuring these leaders will actually go onto succeed in the role and deliver sustained success in the face of unprecedented volatility and complexity. 

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We see countless high-profile organizations caught off-guard by CEO and executive hiring missteps, which left chaos in their wake. Consider our research that shows in 2023 15% of outgoing CEOs from listed companies globally, including those in the S&P 500, FTSE 100, and Nikkei 225, lasted less than two years in role—up from an average of 9.6% since 2019.

So, how can you as CHRO understand if an executive has true staying power and can translate their impressive experience into long-lasting success once in the role?

Backed by rigorous data and leveraging RRA's proven executive assessment and development approach, RRA’s Leadership Portrait offers a multi-dimensional view of a CxO or CEO.

Our approach not only allows us to identify senior leaders who are able to grow, evolve, and adapt to a change world; it also provides a roadmap for cultivating these critical skills in others, fostering a culture of continuous growth and agility throughout your organization.

 

The questions we help you answer

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 Will a leader’s impressive experience translate to real-world success?

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 Will a leader help your organization embrace sustainability, AI, and unprecedented volatility? 

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 Does a leader have staying power? Will they bring their potential to fruition?

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 Do we have a healthy and diverse succession pipeline? 

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 Are we effectively supporting our next generation leadership to take on the helm and succeed?

 

Leadership Portrait: RRA’s approach to executive assessment and development

We go beyond surface-level assessments to provide a multi-dimensional portrait of a CxO’s or CEO’s readiness for a leadership role—and their potential to succeed in a dynamic business environment.

Leadership Portrait allows you to understand if a CxO or CEO has the proven skills needed to navigate a fast-changing world—and the ability to unlock their full potential to deliver on the ever-higher expectations of stakeholders.

 

The RRA Leadership Portrait

The RRA Leadership Portrait

Source: RRA proprietary research, 2024

 

 

 

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Explore the critical skills leaders need to succeed in a fast-changing world—and how to assess and develop future-ready leaders.