by
Dennis Schroeder
For fifteen years, Robert* had risen through the ranks to head
all European, African and Middle Eastern operations for a $20
billion technology and defense company. Robert had saved two significant
operations from the junk heap and was considered to be one of
the four successors for the President /COO of the corporation.
In fact, Robert had been told the expatriate assignment would
give him a competitive advantage for the post. When another candidate
was chosen, Robert was devastated and negotiated a severance package
out of the organization.
A trusted colleague in Human Resources suggested including outplacement
in his separation agreement from the company. Robert was given
his choice of any firm in the world. The Center for Executive
Performance kept surfacing as the company for senior executives.
After careful research, Robert elected to work with us even though
after he repatriated he lived several hundred miles away.
We initially asked Robert to identify what he had accomplished
in his career, the types of organizations he thrived in as opposed
to just survived in, and his values. Over the next two days, Robert
zipped out sixty pages of dictation to one of our administrative
assistants. From this treatise we developed a marketing and search
campaign.
By the end of the second week of the campaign, we had spent more
than 40 hours behind closed doors with Robert. We had completed
a resume, a one-page biography, interview strategies and introduced
Robert to more than 300 retained search firms, via email, letter,
fax and personal phone calls. During the course of the campaign,
Robert had several significant interviews and had zeroed in on
one specific opportunity as the perfect fit, Chairman of a small
($250 million) technology company. Robert had already sailed through
the first round of interviews and was a finalist. The next round
of interviews was with the Board of Directors.
Robert’s consultant, the CEO of the Center for Executive
Performance, was concerned about the next step. Even though he
had operated successfully in a much larger environment, our research
showed the Board was composed of mostly chairmen from other billion
dollar companies in the area, therefore, we knew this was going
to be a challenging set of interviews.
To prepare Robert, we created a Board of Directors composed of
executives from most of the disciplines represented in the company.
In Robert’s first Board interview with us, he was grilled
mercilessly on issues surrounding finance, engineering/new products,operations,
human resources and strategy. For four hours, six top executives,
in each of their respective fields, hammered away at Robert. At
the end of this session, only two of the six executives thought
Robert’s performance was close to a passing level. For the
following three days, Robert studied the suggestions his “Board
of Directors” had made. Robert returned for two more “board
sessions.” Only after the third session was concurrence
achieved that Robert was ready for the real Board of Directors.
Robert was successful in his bid for chairmanship of the company.
We advised him as he negotiated his executive compensation package
and even provided a creative solution for an issue that was a
potential deal breaker. We have counseled Robert as he assimilated
into his new position.
After five years, Robert and the company are doing very well.
The $250 million company has grown to over $600 million in revenue.
Robert reports that the last five years have been the most fun
he has ever had in his career.
Robert selected the Center for Executive Performance, because
of our prominent record with senior executives. At the end of
the assignment, Robert reported that we had far surpassed his
expectations for intensity and advice that was right on target.
*Names and identifying details have been changed to protect
our clients