Best Candidates Expect Best Practices

Bruce Walton’s article was featured in the Family Firm Institute (FFI) Practitioner on 10/11/2017.  It is a case study of a $100m revenue, third generation company CEO succession. When a family company recruits an outside executive, particularly at the COO or CEO level, candidates pay attention to what they might be getting into.  Family businesses have a reputation for being idiosyncratic.  Best candidates will look for best practices in use both within company governance and within the search process.  It helps to be aware of things they will look for.

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Gilbert Carrara speaks at a conference on Globalization at UN Headquarters in New York City

 

New York City, New York – September 9, 2017 – Battalia Winston today announced that the leader of their Life Science and Healthcare team, Gilbert Carrara, Jr., MD spoke at the Martin Tuchman School of Management Fall program on Globalization 2020 at UN Headquarters in NYC on September 8th .

From Davos to Wall Street, concern over job losses, trade imbalances, falling wages and environmental impacts has shifted the pro-globalization consensus, with various camps reflecting diverse perspectives as to the real impacts. Are we witnessing a clearer view of the pros and cons of free trade and nebulous borders or is there a fundamental shift in the view of globalization’s effects and benefits, from those industry leaders, financial elites, and economists, who were once its most ardent proponents?

Also present at the conference were the Dean and professors from the Tuchman School of Management, executives from the UN Headquarters, Verizon, Toys”R”Us, Prudential and IRI Worldwide.

Dr. Carrara spoke directly to the current state of the global job market and the direction it is most likely going to take in the future with the rapid expansion and globalization of businesses. He gave real life examples of how company executives are selecting executives and organizing their teams using people analytics and provided job market perspective on what executive candidates will need to think about when applying for roles in the future. He also discussed the impact that artificial intelligence and machine language will have on the job market in the near future. Gil works with large and small life science and healthcare companies around the globe and has seen the impact that globalization has made on the careers of current senior executives and will most likely make on our future executives’ careers. He concluded by discussing where he felt shortages of talent and global competition will most likely be seen in the future and explained how corporations will need to manage their executives more effectively than in the past in order to retain them.