David Silverstein addresses local CEO’s at a breakfast meeting with Heidrick & Struggles
How tough is the life of a CEO these days?
Remarkably so, especially if you live in South Africa. “It’s a difficult environment worldwide for executive leaders, but in South Africa, things are even more acute. In many ways, local CEO’s are facing a perfect storm of circumstances – if you consider low economic growth, political volatility, high unemployment, power shortages, devaluing currency, and labour unrest, among others,”said Robyn Imray, Partner, Sub-Saharan Africa, of Heidrick & Struggles.
Heidrick & Struggles partnered with BMGI last week to host two breakfast meetings attended by a number of South African CEOs. Discussions about strategy were catalysed by BMGI founder and CEO David Silverstein, drawing on material from his book “Three Steps Ahead”, as well as “The CEO Report,” which was produced by Heidrick and Struggles and the Said Business School at Oxford University.
The CEO Report, which is based on over 150 interviews with CEOs of multinational companies, revealed that the demands placed on modern business leaders are changing significantly. The core question the Oxford study sought to answer was: how do senior executives develop the competence to lead in a changing world? Continue reading