Mickey Matthews, International Chairman of Stanton Chase, offered his insights about the changing nature of executive search in a recent Wall Street Journal article.
“Clients take an 8 out of 10 on skills while desiring a 10 out of 10 on culture fit, team chemistry and leadership style.” These are words from Mickey Matthews, International Chairman of Stanton Chase and experienced executive search professional. Mickey has witnessed the changing landscape of executive search firsthand. He acknowledges clients are focused on transferable soft skills that lend themselves to cultural fit, rather than a lengthy resume of industry-specific expertise.
One real-world example of this transformation in executive search has been seen in New York. On September 13, The Wall Street Journal ran the following headline: “Tiffany CFO Hire Shows Companies Prize Culture Fit Over Industry Experience”. The article examines the new appointment of Mark Erceg, former CFO of a Canadian Railway company, as Tiffany & Co.’s new Chief Financial Officer. While Erceg has decades of executive-level experience, this is his first foray into the luxury retail industry.
Mickey Matthews shared his expertise with WSJ by giving insight into this new trend. “The appointment speaks to a broader trend in the CFO selection process… We are seeing clients hire more for attitudes than attributes now.” Mickey is an experienced leader in the executive search industry with a focus on supporting global clients in the industrial, professional services and consumer products sectors. His wealth of experience gives him deep and meaningful insights into clients’ needs, their talent and leadership selection process, and the ever-evolving human capital landscape. He asserts that this new trend of cultural fit over industry expertise is likely to continue across industries in the foreseeable future.
The WSJ article can be found in full at: http://blogs.wsj.com/cfo/2016/09/13/new-tiffany-cfo-is-example-of-trend-toward-culture-fit-over-industry-skills/. More information about Mickey Matthews can be found here: https://www.stantonchase.com//consultant/mickey-matthews/