Commercial survival in a world of rapidly developing technology and international competition is becoming increasingly complex.
More than ever, Chief Executives need to make critical decisions about the people they recruit and train for leadership roles.
What are the basic competencies that Executive Managers need to enable them to face up to business challenges?
In a study to determine the most important position requirements, an analyses of 900 executive recruitment searches was conducted and the most desirable characteristics were established as: communication ability; logical thinking; being capable of ensuring the practical implementation of change arising from strategic ideas and theories; the ability to work as a member of a team; and effective time management.
These critical skills underpin every aspect and function of a business - from the top to the bottom of the corporate structure. Every employee needs to be able to communicate, analyse and solve problems, translate visions into reality, and manage their time. Naturally the Chief Executive and his team of managers need to be more effective than any other member of a company and therefore these critical skills must form the basis of any Executive recruitment process.
The five critical skills to assess during an executive recruitment process
- Communications - The ability to exchange information effectively and persuasively.
- Analytical - The ability to make sense of information; to think logically and derive the necessary findings and conclusions to support sensible courses of action.
- Production - The ability to make things happen: to take an idea from concept to reality.
- Teamwork - The ability to work effectively with others as a value-added member of a productive group.
- Time management - The ability to set priorities and manage personal time effectively.