Opportunities for advancement: "Excel instead of excellence": Three factors determine who makes it to the top in German companies
Many companies always promote the same types of people and leave the workforce frustrated. Experts explain the key mechanisms - and what needs to change.
An increasing number of covert search assignments by recruitment consultants, such as Heidrick & Struggles, indicate that supervisory boards and entrepreneurs are losing confidence in their top executives and are seeking replacements. According to Nicolas von Rosty, Germany head of Heidrick & Struggles, many managers are hesitant to make radical decisions due to crises, trade conflicts, and artificial intelligence.
This hesitation can have severe consequences if the wrong leaders are in place, leading to a loss of momentum, increased employee turnover, and decreased productivity and innovation. Poor leadership can cause organizations to stagnate as strategic decisions are not made boldly and changes are blocked.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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