Recruitment of any CXO—CEO, CFO, COO, CTO, or CMO—often marks a defining moment in the life journey of the organization. They are the high-voltage decision-makers whose decisions can ignite or mar destinies in businesses. The process of hiring a CXO is fraught with unique complications, and even one wrong decision can cost a business dearly in time, money, and momentum.
Here are the five most common mistakes organizations make during the CXO hiring process: What to avoid to be successful at hiring top executives.
1. Absent role clarity
What companies are best known for is the lack of a clear and distinct role for the incoming CXO, which is just one of the mistakes that kill them. Even the smartest and brightest leaders fail to deliver performance when expectations and responsibilities have no confi
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