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Are CEO’s Different?

Self-portrait_by_Giorgio_de_Chirico-are-CEO-different-insight-coaching-art
Giorgio DE CHIRICO – Self-portrait, 1922 – Huile sur toile, 384 x 510mm.

 

A research carried out amongst 2,600 executives by Steven N. Kaplan at the University of Chicago Booth School of Business and Morten Sorensen at Copenhagen Business School using data collected during more than ten years shows that candidates for C-suite positions (CEO, CFO, COO and others) can be classified by four primary factors: general ability, execution skills, charisma and strategic skills.

Interestingly, researchers observed that CEO candidates tend to score higher on all four of these factors but also that hired candidates score higher than all assessed candidates on interpersonal skills (for each job category) suggesting that such skills are important in the selection process.

Scores on the four factors also predict future career progression. Non-CEO candidates who score higher on the four factors are subsequently more likely to become CEOs.

Those results are relevant to previous academic work. So, if your ambition is to lead a company it will be useful to consider a self-assessment based on the 30 characteristics* componing the four predictive factors. This will help you find out if your profile ‘fits’ or if working on yourself on specific dimensions is recommended.

 

* Develops People, Removes Underperformers, Respect, Efficiency, Network, Flexible, Integrity, Organization, Calm, Aggressive, Fast, Commitments, Brainpower, Analytical Skills, Strategic Vision, Creative etc.

 

Source : Social Science Research Network

 

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Are you in danger of becoming obsolete?

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In a previous article we have seen that, little by little, robots replace humans: one recent study suggests that 47% of all jobs in the United States will be threatened by this phenomenon within the next two decades – another states that 40% of Australian jobs are at risk of being automated within ten to fifteen years. In Europe, the software Quill has already replaced journalists and is used by the newspaper Le Monde during election nights. The specialised research firm Roland Berger says that 42% of jobs will be automated by 2030. 

Should you be worried? Karie Willyerd and Barbara Mistick developed a short (i.e. 15 questions) assessment allowing you to find out if you are at risk or if you are adapting yourself in an evolving environment. Your score will be compared with HBR readers average.

To pass the test which will consider various topics such as how up to date you are regarding the emerging technologies affecting your industry and the profile of your network , click here.

Pursuing this matter, let’s consider what the futurists Graeme Codrington, Joe Tankersley and John Danaher say: front-line military personnel will be replaced with robots; private bankers and wealth managers will be replaced with algorithms; lawyers, accountants, actuaries, and consulting engineers will be replaced with artificial intelligence.

And considering on-demand economy, environmental consciousness, ageing population or advances in neurotechnology, what will be the top jobs in 10 years? Actually, here is the top 12 they predict (click here for the full description):

  • Personal worker brand coaches and managers
  • Professional triber
  • Freelance professors
  • Urban farmers
  • End-of-life planner
  • Senior carer
  • Remote health care specialist
  • Neuro-implant technicians
  • Smart-home handyperson
  • Virtual reality experience designer
  • Sex worker coach
  • 3-D printer design specialist

So, are you ready?

 

Sources: LeMonde.fr, HBR.org, FastCompany.com

 

 

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