Redefiners

Russell Reynolds Associates
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Oct 9, 2024 • 15min

Leadership Lounge: How to Future-Proof Your Leadership

Leaders today are operating in a business landscape with new issues, expectations, and pressures to contend with. This new world demands a new breed of leader.So, how can you become a future-ready leader? What key skills will help you stand out and succeed in a fast-changing world? How can hiring managers identify whether leaders are ready for the role today—and are able to continue to develop and succeed in the role long-term?In this episode of Leadership Lounge, we talk to some of our trusted advisors—Erin Zolna, Tobias Bothe-Hutschenreuter, and Dana Landis—who share their perspectives on:  The four foundational skills that are important for leaders to succeed today.How leaders can boost their staying power in the role through self-awareness and making time for reflection.Why continuous development is critical—no matter how senior a leader is. The knock-on impact for diversity when hiring managers hire for potential and experience.Four things you’ll learn from this episode When hiring your next leader, look at their readiness for the role today, but also their capacity to grow and evolve for when the operating environments inevitably shift. Curiosity, resilience, systems thinking, and social intelligence are key skills that you will want to ramp up to succeed in the long term.The higher up you go in an organization, the less likely you are to think about yourself as someone who is growing and developing. But it’s important you continue to look for learning opportunities. Having a purpose and knowing your values as a leader is critical to not only your longevity, but the legacy you leave at an organization. A closer look at the research from this episode: The Future of LeadershipSeason 4 - Ep. 10 | Driving Transformation with Volvo Cars President and CEO Jim Rowan | Redefiners - Podcast Series | Russell Reynolds AssociatesGlobal Leadership Monitor CEO Turnover Index Power, Influence, and CEO Succession (hbr.org) 
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Sep 25, 2024 • 36min

Putting Sustainability Talk into Action with former Enel CEO Francesco Starace

What does it take to transform a small regional traditional energy provider into a global renewable energy powerhouse? In today’s episode, Hoda and Simon are joined by the Chair of the Governance Board for Sustainable Energy for All and former Enel CEO Francesco Starace, who led the transformation of Enel from its start in electric generation in Italy to become a world leader in all renewable technologies, including wind, solar, hydroelectric, and geothermal, operating in 30 markets. Francesco shares his insights into how he scaled the business, while keeping everyone’s focus on their north star of purpose and vision. He also talks about how Enel used a three-year-out timeline to make key decisions on strategic investments and how he uses technology and digital transformation to better serve customers. We'll also hear from Rich Fields, a Managing Director in our Boston office, who will outline how boards can leverage the transformational impact of AI while being mindful of the significant risks. If you enjoyed this episode, you might also like these Redefiners episodes: Daring to Build a More Sustainable World with Kate Brandt and Sophia Mendelsohn Leadership Lounge: What do top-performing teams have in common? Transforming the Energy Sector with Baker Hughes CEO Lorenzo Simonelli Doing Well by Doing Good: Feike Sijbesma, CEO Emeritus of Royal DSM, on the Power of Bold Change Feeding the World and Protecting the Planet with Yara International CEO Svein Tore Holsether 
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Sep 11, 2024 • 18min

Unleashing AI’s potential: Are you ready to lead the charge?

In this discussion, Tuck Rickards, a trusted advisor on AI adoption, Dana Landis, an expert in overcoming AI barriers, and Dan Cullen, skilled in leveraging AI, delve into the essential skills for effective AI integration. They emphasize that AI ownership should extend beyond tech departments to all employees. Key insights include the reasons behind tech transformation failures and the importance of leadership in creating a culture of innovation. The trio also breaks down the risks and rewards of AI, urging leaders to navigate its challenges proactively.
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Aug 28, 2024 • 42min

Talking Tough Decisions with TCW President and CEO Katie Koch

Being a first-time CEO can be a daunting transition filled with risk and opportunity, something that TCW Group President and CEO Katie Koch has experienced firsthand. In today’s episode, Clarke and Hoda talk with Katie about her career journey in the financial industry, from her early years as an intern at Goldman Sachs to becoming a first-time CEO at TCW. She shares what it takes to be a good leader and the skills needed to make tough decisions and take people where they may not want to go, including empathy, asking questions and listening, discipline of process, and the importance of having a great coach. She also shares her thoughts on how to navigate volatile global markets and the inherent friction of AI and business transformation.  We'll also hear from Sean Dineen, a Managing Director in our Boston office, who will outline what it takes to succeed in the first few days and months as a new CEO.  If you enjoyed this episode, you might also like these Redefiners episodes: Unpacking Leadership Lessons with Marriott International President and CEO Tony Capuano Leadership Lounge: How to nail your first year as CEO In the Fast Lane: A Conversation with FIA CEO Natalie Robyn Planting Long-Term Investment Seeds with Markel Group CEO Tom Gayner Opening Hearts and Minds on Late Night News with MSNBC’s Stephanie Ruhle 
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Aug 14, 2024 • 17min

Leadership Lounge: Leading on Empty: How to Tackle Leadership Burnout

No one is immune from burnout. Not even accomplished leaders. In fact, we often find that it’s thehighest performing, most passionate leaders who are most at risk from burnout.So, what can you do to address this growing problem? What are the warning signs of burnout? And,when a leader reaches burnout, what are the consequences for the individual and the organization?In this episode of Leadership Lounge, we talk to some of our trusted advisors—Nic Cutts, GuylaineDavid, and Henryk Krajewski—who share their perspectives on:How leaders can spot the warning signs of burnout in themselves—and their teams.Why it’s important leaders reframe their attitudes toward burnout.How leaders can avoid creating a burnout culture in their organization.How toxic positivity can lead to burnout.A closer look at the research from this episode:World Health Organization, Burnout: An Occupational PhenomenonRussell Reynolds Associates, Redefiners Podcast, Season 2 - Ep. 18 | From Burnout to Performance: Creating a Culture of Resiliency (Re-Release) with Annastiina Hintsa, CEO, Hintsa PerformanceRussell Reynolds Associates, Executive Assessment & BenchmarkingRussell Reynolds Associates, The New Wellness at Work: Improving Culture via Employee WellbeingAXA UK and Centre of Economic and Business Research, The true cost of running on empty: work-related stress costing UK economy £28bn a yearThe Mindful Business CharterBBC News Lloyds boss: Mental health issues can break livesBBC News Jacinda Ardern to quit: ‘I no longer have enough in the tank’The Negative Impact Of Toxic Positivity In The Workplace (forbes.com)Why Six Hours Of Sleep Is As Bad As None At All - Fast Company
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Jul 31, 2024 • 36min

Driving Transformation with Volvo Cars President and CEO Jim Rowan

When it comes to technology and transformation, the automotive industry is at the forefront of change. Government regulations, changing consumer demands, new technology and climate change have forced auto manufacturers to evolve their approach.  In today’s episode of Redefiners, Clarke and Hoda talk with Jim Rowan, President and CEO of Volvo Cars, about his career “shift” from consumer electronics to the automotive industry. Jim talks about Volvo’s ambitious goal of going fully electric by 2030, the intersection of design, collaboration and innovation, leading through disruption, and the power of curiosity and hard work to accelerate learning and solve big problems.   We'll also hear from Tristan Jervis, a Managing Director in our London office, who will outline what it takes to cultivate a tech-first culture—and how it can boost your organization’s resilience to face what’s next.  If you enjoyed this episode, you might also like these Redefiners episodes: The Necessity of Change with President and CEO of Wells Fargo Charlie Scharf In the Fast Lane: A Conversation with FIA CEO Natalie Robyn Leadership Lounge: How to nail your first year as CEO Leadership Reimagined: Transformation Tips from Jim Hagemann Snabe   
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Jul 17, 2024 • 16min

Leadership Lounge: What do top-performing teams have in common?

How well a leadership team performs can make or break an organization. But, given that market conditions are in constant flux, and C-suites are shouldering more responsibility than ever before, getting the balance right in your top team is far from easy.So, what are some of the key characteristics of a high-performing leadership team? How do successful teams foster a culture of collaboration and trust? And, how do you go about having uncomfortable conversations with your team?In this episode of Leadership Lounge, we talk to some of our trusted advisors—Emmy Melville, Nicholas Anderson, and Miriam Capelli—who share how CEOs can elevate their team’s performance and drive the organization forward. Tune in to discover the importance of productive tension in your C-suite, how psychometric data can aid challenging conversations, and why T-shaped leaders are considered key to the success of an executive leadership team.A closer look at the research from this episode:Bain & Company, At the Top, It’s All about TeamworkForbes, Phil Jackson Brings NY Knicks ’Mindful ManagementRussell Reynolds Associates, CEO Turnover IndexRussell Reynolds Associates, Indispensable Tensions: Leadership Span and the Science of C-suite Success
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Jul 3, 2024 • 33min

The Necessity of Change with President and CEO of Wells Fargo Charlie Scharf

When it comes to disruption, transformation, and change, perhaps no industry has experienced this more over the past decade than the financial services industry. From online and mobile banking, to FinTechs, to data analytics and AI, to changing regulations, leaders of banking and financial service institutions have had to navigate through a tremendous amount of change.   On this episode of Redefiners, President and CEO of Wells Fargo, Charlie Scharf, sits down with Clarke and Hoda to peel back the covers on how he’s managed through so much change over his more than 25-year career in financial services. Charlie talks about his leadership journey, from his early years working with banking legends Jamie Dimon, Sandy Weill, and Bob Lipp, to his first actions to restore trust and confidence as a new CEO at Wells Fargo during a tumultuous time for the company. He’ll share his insights on how he manages culture to balance the risk of change while protecting what’s working in the business, how he views FinTech companies, gaining new perspectives from board roles, and how technology and AI have transformed the financial services industry and where it’s going next.  We'll also hear from Tuck Rickards, a Managing Director in our San Francisco office, who will outline the barriers leaders face when implementing AI—and how to bridge them.  If you enjoyed this episode, you might also like these Redefiners episodes: Leadership Lounge – Why even top leaders need a mentor Unpacking Leadership Lessons with Marriott International President and CEO Tony Capuano Front Row Seat to the Digital Revolution with Microsoft Vice Chair and President Brad Smith – Part 1 and Part 2 Private Investment Guru David Rubenstein Goes Public on How to Be a Successful Leader & Investor bbqyXbaVNvQwQ1FtsZbU
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Jun 18, 2024 • 35min

Unpacking Leadership Lessons with Marriott International President and CEO Tony Capuano

When Tony Capuano took over as President and CEO at Marriott, the company was wrestling with the most significant challenge it’s ever faced as travel essentially shut down due to the COVID-19 pandemic. Further complicating matters, Marriott’s beloved, iconic CEO, Arne Sorenson, had recently passed away and many in the company were dealing with the loss of their visionary leader, mentor, and friend.   On this episode of Redefiners, Tony talks with Clarke and Hoda about leadership lessons he’s gleaned from almost 30 years at Marriott, including his top advice for leaders transitioning into the CEO role. He’ll also dig into Marriott’s Bonvoy customer loyalty program, sustainability at scale in the hospitality industry, and how technology and AI can help deliver high touch personal service.   We'll also hear from Ty Wiggins, an Executive Director in our London office and author of RRA’s latest book, The New CEO: Lessons from CEOs on How to Start Well and Perform Quickly (Minus the Common Mistakes). Ty discusses why transitioning into the CEO role is one of the most challenging—and rewarding—moves of an executive’s career, and how new leaders can get off to a strong start.  If you enjoyed this episode, you might also like these Redefiners episodes: Leadership Lounge – How to nail your first year as CEO The Business of Football with Los Angeles Rams COO Kevin Demoff Planting Long-Term Investment Seeds with Markel Group CEO Tom Gayner Reimagining Patient Care: A Conversation with Healthcare Innovator Ashley McEvoy Sunscreen and Success: Supergoop!'s Winning Formula with CEO Amanda Baldwin 
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Jun 5, 2024 • 17min

Leadership Lounge: Why are there so few women in the CEO seat?

Why are there so few women in the CEO seat? We know that diverse C-Suites are more resilient, innovative, and drive better financial performance. But in 2023, women accounted for only 12% of CEO appointments globally. Based on the current rate of progress, public companies are 81 years from gender parity in CEO appointments. Change needs to happen—and fast. So, how do you best develop high-potential women leaders? What does an optimal CEO succession plan within an organization need to look like to support the movement of women into the top seat? And, what can you do to retain women CEOs? In this episode of Leadership Lounge, we talk to some of our trusted leadership advisors—Margot McShane, Hetty Pye, and Shannon Knott—who share their perspectives on how to help close the gender gap. We also discuss RRA Artemis, our brand-new CEO accelerator program aimed at expediting more women to the top of organizations.  Tune in to discover the importance of switching your succession planning from an opt-out to an opt-in approach, why assessing for potential rather than experience is critical when identifying future CEOs, and why organizations need to rethink the traditional route to the top seat. 

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