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The Perils of Hiring a CEO for Culture Fit

by Rob Kaiser, President, Kaiser Leadership Solutions, Member, Division 13

It is taken as an article of faith in the search business that a strong CEO candidate needs to mesh with the prevailing culture. It sure sounds like common sense: who would doubt that a new CEO needs to share the company’s core values and get along with other senior managers?

Except, this conventional wisdom usually leads to lower corporate performance according to recent research published in the June edition of the Journal of Applied Psychology. In a study of 114 CEOs in the high tech industry, a global team of researchers led by Chad Hartnell found that it is actually the CEOs whose styles are different from the existing company culture who get better results (as measured by Return on Assets; ROA).

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Exploring Virtue-Based Leadership

A Webinar presented by Larry Newton, PhD

September 22, 7-8:30 PM EST, 1.5 CE Credits

$50 SCP Members

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