It is also important to know who not to hire. Soren Celinder’s short-lived leadership of Pfizer is a good example of an executive appointment gone horribly wrong. When Pfizer brought Hiromitsu Iwasaki out of retirement in order to put Pfizer back on track we noted his sentiments. “Operational results are important, but building trust (with our employees) is equally important,” he said. In addition to a successful track record of launching products and the ability to build future leaders, a defining leadership characteristic is the ability to successfully build a winning team and to motivate others to go the extra mile and to become future leaders within an organization.
A quick and easy test to identify a person’s leadership qualities is to ask former subordinates. Confidentiality must be a priority, but if you can find someone who has moved on from the former company, then this scuttlebutt approach can be enlightening. The reference check of former bosses is another approach, but I have found this “on-the-record” approach sometimes riddled with various agendas and not hugely enlightening.
In summary, here are the five keys to use when opening the doors to top talent:
- Integrity and character.
- Passion. Those who excel are passionate.
- Watch out for the big talker.
- What are their values and principles?
- Ask around.
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