Big Take

Where to Go If You Need a CEO

15 snips
May 29, 2025
Matt Boyle, a Bloomberg work and management reporter, delves into the evolution of CEO training, particularly the decline of General Electric's once-pioneering Crotonville campus. He discusses how new leadership pipelines are emerging, with a spotlight on the growing influence of consulting firms. Today's CEOs must embody adaptability to thrive in a rapidly changing landscape. Boyle also explores the transition of consultants to the C-suite, highlighting both their successes and failures, while questioning the pressing need for diversity in leadership roles.
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ANECDOTE

GE's Legendary CEO Factory

  • General Electric's Crotonville campus was a rigorous leadership training ground producing many CEOs.
  • It was known as the "original CEO factory," offering deep, hands-on management development.
INSIGHT

Why Big Tech Lacks CEO Alumni

  • Big tech companies like Apple don't often produce CEOs for other firms due to their unique cultures and career paths.
  • Many big tech execs move toward venture capital or become "product CEOs" more than general managers.
INSIGHT

Consulting Firms Are New CEO Pipelines

  • Consulting firms have become top CEO pipelines, surpassing traditional corporate factories like GE.
  • Firms like McKinsey, Accenture, and PwC now consistently produce many S&P 1500 CEOs.
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