The Outstanding Global Executive

By John L. Ward & David Ransburg

Shortly after our webinar on preparing new leaders for the family business we found some comforting affirmation of our presentation. We proposed that the following qualities were most important – in fact, we proposed that business family heirs have special innate strengths in these areas:

  • Versatility and balance;
  • Humility (rather than charisma);
  • Practical wisdom – an intuitive sense for “doing the right thing” in new and complex contexts; and
  • Leading change by creating new meanings for old stories.

The comforting confirmation: A new Spencer Stuart (search consultants) publication agreed that the most important qualities of outstanding global leaders are

  • Humility;
  • Agility;
  • Sensitivity;
  • Intellectual curiosity.

They went on to emphasize that the #1 leadership selection trap is “mistaking charisma for skill.”

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