Industry Mapping in the recruitment process for a CEO of public corporation. 

Large multinational, public corporation, promoted their Romanian CEO to a global role. While working on the replacement strategy, the board’s succession committee decided that optimizing the time available for the recruitment process was one of their major priorities.

​

Consequently, our appointed consultant presented the committee with a strategy that involved approaching multiple channels consecutively:

​

- publicly announce the search (as the compliance procedures required); this secured transparent, equal chances in the competition for both internal and external candidates;

- prepare the internal ad interim CEO;

- map the market, as a risk-management measure, an early preparation for a potential direct search for the successor. 

 

We agreed on a talent mapping process within 3 major coordinates: speed, creativity and accuracy.

​

Pinpointing the concrete potential of the candidates proved to be very useful from multiple perspectives:

​

- properly addressed the risk of a delay in the replacement of the CEO,

- ensured the board that they had the comfort of multiple choices available before appointing the new CEO;

- provided the board with a clear map of the market that allowed them to benchmark their position against the larger competition.