Meet The Leader

World Economic Forum

What Successful CEOs Do Differently During Transformation: Real World Case Studies

NOV 5, 202644 MIN

Description

More than 70% of leaders believe their organizations could become extinct within 10 years without the right transformation. Yet fewer than 30% surveyed believe they are good at making those changes happen. So what separates the successful changes from the stalled initiatives? Constantine Alexandrakis is the CEO of leadership consultancy Russell Reynolds Associates. In his book The Catalyst CEO, he compiles stories and practical lessons from real CEOs and their change stories, breaking down what's needed to make change possible, especially as leadership evolves in an AI era. He shares practical lessons from companies such as Eli Lilly, Merck and Yum Brands and organizational blindspots you can't ignore. He also shares his own his hard-won transformation story as well as the importance of 'philotimo' that can build a sense of stewardship in leaders. In this episode, you'll learn: Why driving change is challenging - and what leaders overlook How learning sharing power can strengthen empowerment and speed change What is psychological inertia and how it can slow transformation How to spot and tap 'influencers' in your team The shocking announcement that kicked off one company's leadership restructure The value satire plays after big changes - and why it's an unsung form of feedback Alexandrakis also discusses AI, distributed leadership, psychological inertia, the meetings he never skips, and gives his take on big trends shaping the future of work. Subscribe to Meet The Leader on Apple, Spotify or YouTube. About this episode Russell Reynolds Associates: https://www.russellreynolds.com/ The Catalyst CEO: https://www.russellreynolds.com/en/insights/books/the-catalyst-ceo Transcript: https://tinyurl.com/4tmd9rvk Related Episodes A CEO coach shares new leaders' biggest blindspots (and how to overcome them) Watch here - YouTube: https://www.youtube.com/watch?v=EcdNFn0BNXM Listen here - Spotify: https://tinyurl.com/4zwbyk8j Read here - Transcript: https://tinyurl.com/4zwbyk8j AI and Jobs series: AI and Jobs Series: Upskilling's 'Messy Middle' and Fixing the Skills Mismatch Listen here - Spotify: https://tinyurl.com/2vddb3k3 Read here - Transcript: https://tinyurl.com/2fnuacsz AI and Jobs Series: What one company stopped doing - an HR exec shares lessons shaping the future of work Read here - transcript: https://tinyurl.com/49xjtnyj Listen here - Spotify: https://tinyurl.com/27fjhud8 AI 'workslop' is a leadership problem. Here's how to fix it Read here - transcript: https://tinyurl.com/2mxkzwc3 Listen here - Spotify: https://tinyurl.com/4evh8yk6 Watch here - Youtube: https://www.youtube.com/watch?v=zTAbIqqAf4Y How to Lead People Through AI Change: Questions to Ask from a Transformation Expert Read here - transcript: https://tinyurl.com/ykk9r7hb Listen here - Spotify: https://tinyurl.com/yc2azrwv Watch here - Youtube: https://tinyurl.com/yyv24pvd