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CEO Success Demystified - Mercuri Urval
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href="/en-sg/">Thailand</a></li> <li><a href="/en-sg/">Vietnam</a></li> </ul> <ul class="locator-regions"> <li><h3>Europe</h3></li> <li><a href="/de-at/">Austria</a></li> <li><a href="/en-be/">Belgium</a></li> <li><a href="/en-at/">Bulgaria</a></li> <li><a href="/en-at/">Czech Republic</a></li> <li><a href="/da-dk/">Denmark</a></li> <li><a href="/en-ee/">Estonia</a></li> <li><a href="/fi-fi/">Finland</a></li> <li><a href="/fr-fr/">France</a></li> <li><a href="/de-de/">Germany</a></li> <li><a href="/en-at/">Hungary</a></li> <li><a href="/it-it/">Italy</a></li> <li><a href="/lv-lv/">Latvia</a></li> <li><a href="/lt-lt/">Lithuania</a></li> <li><a href="/en-lu/">Luxembourg</a></li> <li><a href="/nl-nl/">Netherlands</a></li> <li><a href="/no-no/">Norway</a></li> <li><a href="/pl-pl/">Poland</a></li> <li><a href="/en-pt/">Portugal</a></li> <li><a href="/en-at/">Romania</a></li> <li><a href="/en-ee/">Russia</a></li> <li><a href="/en-at/">Slovakia</a></li> <li><a href="/es-es/">Spain</a></li> <li><a href="/sv-se/">Sweden</a></li> <li><a href="/de-ch/">Switzerland</a></li> <li><a href="/en-gb/">United Kingdom</a></li> </ul> <ul class="locator-regions"> <li><h3>Global</h3></li> <li><a href="/global/">Headquarters</a></li> </ul> </div> <svg class="icon icon-close close-locator"> <use xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="/UI/assets/svg/symbol-defs.svg#icon-cross"></use> </svg> </div> </div> </section> </header> <main> <section class="Hero -dark -thin-height"> <div class="Hero-item -no-marker " style="background-image: url(/globalassets/articles/hero_newui-dark_ceo-success-demystified.jpg)"> <div class="Hero-content -thin"> <h1 class="Hero-contentHeading Heading -default-hero -half-mb"> CEO Success Demystified </h1> <h3 class="Hero-contentSecondary Heading -tiny -static"><p>Everything successful leadership has taught us</p></h3> </div> </div> </section> <div class="Wrapper article-container"> <section class="MainContent"> <p><span style="color: #ffffff;">The Board and the CEO matter. Their impact is vast and everything from the result of their organisation to the individual success of its people depends on their effectiveness – short term and long term. Consequently, the cost of their failure is extraordinary, but so are the opportunities that can be realised by securing effective Boards and CEOs. And if these opportunities are to be realised, it is essential that the Board and CEO can be successful in the specific context of their organisation and its needs.</span></p> <p><span style="color: #ffffff;">In extensive research conducted by MU, Board Directors and CEOs confirm that they expect and need more professional and objective service from their Executive Search partners and that the candidates put forward lack diversity. They also state most development work with Boards and CEOs does not offer business value. It is clear that a more reliable way of selecting and developing Boards and CEOs is required.</span></p> <p><span style="color: #ffffff;">Conventional Executive Search approaches are not effective in predicting which CEOs will succeed or in assembling Boards that are successful. Only 50-60% of CEO and executive leadership appointments succeed.</span></p> <h5><a href="/globalassets/articles/ceo-success-demystified_article-series-mu.pdf" target="_blank" rel="noopener"><span style="color: #ffffff;"><strong>In our <em>“CEO Success Demystified”</em> series, experts from the MU Board & CEO practice will advise you, step-by-step and based on personal experience, how to successfully select and develop Boards and CEOs. Download all articles here. </strong></span></a></h5> <p><span style="color: #ffffff;">MU provides a reliable alternative for Board and CEO acquisition and development. Our experts advice, based on MU Leader Selection Science<sup>®</sup>, leads to improved performance and diversity of leaders. Your organisation will outperform when an MU Expert partners with you to acquire your Board and CEO and advise on their effectiveness and development. Find out more about our science-based approach to the effective selection and development of Boards and CEOs <a style="color: #ffffff;" href="/en-ee/our-services/expert-practices/board--ceo/">here</a>.</span></p> <h2><span style="color: #ffffff;">Articles</span></h2> </section> <section class="RightContent"> <aside> <section class="image-module"> <a href="/en-ee/our-services/expert-practices/board--ceo/" target="" class="fade-overlay"> <img src="/globalassets/article-right_newui_board-and-ceo-practice.jpg" decoding="async" loading="lazy"> <div class="fade-overlay-text">Board & CEO Effectiveness</div> <div class="fade-overlay-icon small"></div> </a> </section> <section class="image-module"> <a href="/en-ee/institute/insights/ceo-article/what-is-the-real-cost-of-failed-leader-recruitment/" target="" class="fade-overlay"> <img src="/globalassets/articles/articleright_di-rmo_higher-demands-on-leaders.jpg" decoding="async" loading="lazy"> <div class="fade-overlay-text">Real Cost of Failed Leader Recruitment</div> <div class="fade-overlay-icon small"></div> </a> </section> </aside> </section> </div> <div class="article-blocks"> <section class="sub-page-links-section"> <div class="sub-page-links-container"> <article class="sub-page-link" style="background-image: url(/globalassets/articles/article-list_newui_ceosd_demystifying-successful-ceo-recruitment-and-selection.jpg)"> <a class="sub-page-link-container" href="/en-ee/institute/insights/ceo-success-demystified/demystifying-successful-ceo-recruitment-and-selection/"> <h2 class="sub-page-link-heading">Demystifying Successful CEO Recruitment and Selection</h2> <div class="sub-page-link-text"> <p>It’s an everyday story. A well-respected firm is appointing a new CEO. On the same day as the new CEO is appointed, a new graduate trainee is employed. Expectations for the former are surely higher than for the latter, that’s why the difference in the degree of scrutiny each hire will receive is peculiar.</p> </div> <div class="sub-page-link-read-more"> <span>Read article</span> </div> </a> </article> <article class="sub-page-link" style="background-image: url(/globalassets/articles/article-list_newui_ceosd_acquiring-the-right-ceo-to-rewire-your-culture.jpg)"> <a class="sub-page-link-container" href="/en-ee/institute/insights/ceo-success-demystified/acquiring-the-right-ceo-to-rewire-your-culture/"> <h2 class="sub-page-link-heading">Acquiring the Right CEO to Rewire Your Culture</h2> <div class="sub-page-link-text"> <p>Are you facing the challenge of finding the right CEO to steer your company in a new direction and change a stagnant culture? This guide will provide valuable insights and strategies to achieve this transition successfully while retaining valued employees.</p> </div> <div class="sub-page-link-read-more"> <span>Read article</span> </div> </a> </article> <article class="sub-page-link" style="background-image: url(/globalassets/articles/article-list_newui_ceosd_deciding-on-the-right-ceo-role-for-yourself.jpg)"> <a class="sub-page-link-container" href="/en-ee/institute/insights/ceo-success-demystified/deciding-on-the-right-ceo-role-for-yourself/"> <h2 class="sub-page-link-heading">Deciding on the Right CEO Role for Yourself</h2> <div class="sub-page-link-text"> <p>As a CEO, the decisions you take are numerous and extensive. Many of your decisions have a major impact on other people and on your organisations results. None-the-less one decision is more important than all the others.</p> </div> <div class="sub-page-link-read-more"> <span>Rad article</span> </div> </a> </article> <article class="sub-page-link" style="background-image: url(/globalassets/articles/article-list_newui_ceosd_designing-your-own-onboarding-plan-as-a-ceo.jpg)"> <a class="sub-page-link-container" href="/en-ee/institute/insights/ceo-success-demystified/designing-your-own-onboarding-plan-as-a-ceo/"> <h2 class="sub-page-link-heading">Designing Your Own Onboarding Plan as a CEO</h2> <div class="sub-page-link-text"> <p>CEOs make and oversee many plans but one plan stands above all others: the CEOs own onboarding plan. Get this plan wrong, and the Board will need to find another CEO who can get it right.</p> </div> <div class="sub-page-link-read-more"> <span>Read article</span> </div> </a> </article> </div> </section> <section class="sub-page-links-section"> <div class="sub-page-links-container"> <article class="sub-page-link" style="background-image: url(/globalassets/articles/article-list_newui_ceosd_building-a-successful-strategy-as-a-ceo.jpg)"> <a class="sub-page-link-container" href="/en-ee/institute/insights/ceo-success-demystified/building-a-successful-strategy-as-a-ceo/"> <h2 class="sub-page-link-heading">Building a Successful Strategy as a CEO</h2> <div class="sub-page-link-text"> <p>CEOs lead purpose, direction, and execution. And people are central to all. Whilst Boards may have the formal accountability for strategy, it is the CEO who has the task to propose your strategy and explain how it will be executed and measured.</p> </div> <div class="sub-page-link-read-more"> <span>Read article</span> </div> </a> </article> <article class="sub-page-link" style="background-image: url(/globalassets/articles/article-list_newui_ceosd_lead-business-lead-people-lead-yourself.jpg)"> <a class="sub-page-link-container" href="/en-ee/institute/insights/ceo-success-demystified/lead-business--lead-people--lead-yourself/"> <h2 class="sub-page-link-heading">Lead Business – Lead People – Lead Yourself</h2> <div class="sub-page-link-text"> <p>In this article, Jonas Nußbaum and Julia Larsen-Disney interview Freddy Geeraerds, a board member for Webasto China, a global market leader in automotive roof systems, thermal systems, and battery systems.</p> </div> <div class="sub-page-link-read-more"> <span>Read article</span> </div> </a> </article> <article class="sub-page-link" style="background-image: url(/globalassets/articles/article-list_newui_ceosd_harnessing-diversity-within-your-leadership-team.jpg)"> <a class="sub-page-link-container" href="/en-ee/institute/insights/ceo-success-demystified/harnessing-diversity-within-your-leadership-team/"> <h2 class="sub-page-link-heading">Harnessing Diversity Within Your Leadership Team</h2> <div class="sub-page-link-text"> <p>As a CEO, one of your key responsibilities is to manage your leadership team effectively. 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