CEO & Board Services
Who will lead our organizations in the future?
Experienced leaders of the baby boomer generation continue to retire at a pace of 10,000 per day.1 This means leadership continuity will remain
a top priority in boardrooms and executive suites.
Unfortunately, most organizations are not ready. Two-thirds of U.S. public and private companies report that they have no formal CEO succession plan in
place, according to a survey conducted by the National Association of Corporate Directors. And only one-third of the executives who have such a program
in place are satisfied with the outcome.2
As the ultimate stewards of their organizations, best-in-class boards and CEOs know they must perpetuate a culture of leadership excellence and prepare
their successors to assume broader leadership accountability.
- CEO Services: Forging Leadership Continuity
MDA Leadership helps organizations accelerate succession success and minimize the disruption and risk associated with CEO transition.
The CEO Blueprinting™ process guides organizations through the critical task of articulating the leadership they need from the next CEO within
the context of their strategies and plans for growth. The insights contained in the Blueprint™ go beyond core capabilities for performance,
addressing leadership style, motivation, and culture fit. Boards find great value in having early alignment around CEO role expectations for
the future (the what) before any candidates are discussed (the who).
CEO Succession and Selection
Based on the CEO Blueprint™ or other board criteria, we evaluate internal candidates to provide a definitive and well-grounded assessment
of CEO viability. Our evaluation sheds light on others’ willingness to follow and also addresses the key experiences and development needed
to prepare for transition and accelerate learning. If needed, we use an equivalent assessment to evaluate external candidates and provide comparisons
on fit and viability.
CEOs are often left on their own to navigate their new relationships, roles, and agendas. Whether the executive is a first-time CEO, newly promoted
within the same organization, or an external CEO brought on board to drive significant change, success is not a given. CEO transition coaching
provides a framework for quickly aligning board, CEO, and senior team expectations. We also work with retiring CEOs, helping them to determine
how to let go and set new pathways for their futures.
- C-suite Selection and Succession: Delivering Leadership Excellence for the Future
MDA Leadership helps CEOs articulate executive leadership needs, identify top talent, and accelerate C-suite transitions.
Senior Executive BlueprintingTM
Succession planning begins at the top. CEOs, in partnership with human resources and their boards, must think carefully about the talent they need
for the future in key leadership roles. Similar to CEO Blueprinting™, MDA Leadership helps our clients articulate the executive leadership
they will need to successfully navigate emerging business challenges and drive evolving strategies.
C-suite Selection and Succession
Not all C-suite hires and promotions achieve success. We help CEOs select the right executives by bringing an informed, experienced, and objective
voice to the table. Based on a CEO’s criteria and an organization’s norms, we assess and analyze executive candidates to provide definitive
and well-grounded promotion and hiring recommendations.
About 60% of executives say they were not prepared for the strategic challenges they faced in their new senior leadership roles.3 MDA
Leadership accelerates effective transition into the C-suite. Through a unique discovery process, we help executives gain deep insight into
what it will take to be successful given stakeholder expectations, team dynamics, and the nuances of C-suite leadership. Our seasoned coaches
guide leaders in designing and executing highly relevant and engaging onboarding plans.
- Board Services: Enhancing Board Effectiveness
MDA Leadership helps boards strengthen their governance roles and internal dynamics.
Most boards are required to evaluate their own performance on an annual basis—an exercise that can range from “checking the box” to an experience
that truly engages board members in the right conversations. Our services include full board evaluations, individual director reviews, peer
feedback, chair role transitions, and action planning.
Board and CEO Consultation
Creating strong board and CEO collaboration requires mutual trust and respect. Forging and maintaining productive relationships cannot be left
to chance. MDA Leadership provides trusted advisor consultation for CEOs and their boards to foster alignment in critical areas such as decision-making,
role clarity, governance, and communication.
CEO Coaching and Trusted Advisor Consultation
Two-thirds of CEOs don’t receive any outside advice on their leadership skills, and yet almost all would be receptive to suggestions from a coach.4 Since a one-size-fits-all playbook for CEOs doesn’t exist, MDA Leadership provides CEO coaching. Whether business performance is hitting the
mark or not, even seasoned CEOs benefit from the safe place and counsel we provide to help them evolve their leadership.
1 The Washington Post (https://www.washingtonpost.com/news/fact-checker/wp/2014/07/24/do-10000-baby-boomers-retire-every-day/?utm_term=.246ec8724e85)
2 McKinsey & Company, The Board Perspective: A collection of McKinsey insights focusing on boards of directors, August 2016
3Ron Carucci, Harvard Business Review, “Executives Fail to Execute Strategy Because They’re Too Internally Focused,” November
4Gretchen Gavett, Harvard Business Review, “What CEOs Really Want From Coaching,” August 2013, (https://hbr.org/2013/08/research-ceos-andthe-coaching)