Most organizations believe that the practice of
providing and receiving feedback is relevant only for junior level employees
and managers. However, according to the leading German recruitment
agencies, this practice is even more significant at the top level
positions within an organization. This is because providing and receiving
feedback helps the establish a informal channel of communication between the
CEO and the board members. This is essential to enable both the parties to put
their views and opinions in front of each other in a free and confident manner.
Over the past several decades,
organizations are increasingly opting to hire CEO’s externally to provide the
benefit of relevant skills and expertise as well as a fresh perspective to
their business. Sadly, there have also been several cases, where these CEO’s
have run amok causing much embarrassment and loss of goodwill for the company.
This has led the business organizations as well as the headhunters Germany they
work with to re-engineer the whole process of hiring CEO’s.
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