I had the pleasure of attending the 60th annual management conference for the University of Chicago, Booth School of Business on Friday, May 11. The keynote panel on Energy was interesting, but the breakout panel on entrepreneurship was phenomenal. It was moderated by Steven Kaplan, a University of Chicago professor known for his leadership in…
When looking for the right senior executive hire, the interview process should be a whole lot more than just an hour-long meeting that’s limited to a vague, standardized list of interview questions. The interview, when done right, is actually a meticulously refined set of steps, and it’s a process that we at Lantern Partners have…
About a year and a half ago, Lantern Partners integrated an innovative step into our senior executive recruitment process: Onboarding. It works like this: After a final decision has been made on a new hire, Lantern Partners holds an onboarding meeting with the hiring manager and HR representatives from the client company in order to…
We all make quick judgements based off impressions from people’s online personae, particularly with those who we don’t know or are only somewhat familiar. Your digital life can be used as a quick reference to create a rough outline of personality, habits, values, and overall like-ability. Now researchers at three universities have created a “Facebook…
In the New York Times article Why Are Harvard Graduates in the Mailroom, Adam Davidson explores the “gambles” entry-level employees take in large companies for the potential reward of a big promotion. Take, for example, a clerk at the U.S. Post Office and a mailroom employee at a large firm. They both may basically have…
Does shared power work? Does it create accountability and diversity of thought, or does it create a potential for power struggles and egocentric infighting? With the announcement that the Co-CEOs of RIM, the makers of BlackBerry devices, were stepping down after the once-proud company has suffered through massive loss of market share, this question is…
It’s critical that senior executives are fully behind the mission, vision, message, and identity of their company. Along with that, getting all other employees to align with and commit to what the brand stands for is crucial in order for companies to achieve ultimate success. After all, if company executives and employees don’t love the…
Famed psychologist Stanley Milgram conducted his “small-world experiments” back in the mid-20th century. Milgram asked a random selection of people in Omaha and Wichita to get a letter to a person in Boston through someone they personally knew. In other words: If you knew the Bostonian, mail to him directly. If not, send the letter to…
High expectations rest on the shoulders of newly hired executives joining the C-suite of a company. Execs need to possess brilliance, come up with groundbreaking ideas, maintain a solid commitment to the company, keep up a competitive work ethic, and display a knack for effectively motivating and managing company employees. On top of it all,…
Businesses seeking progress, growth, and evolution want only the brightest, most promising, and established winners to take the lead. Thus, they put people in charge who have extensive education and experience and seem qualified to lead. But just because those in the C-suite have a wealth of intelligence, a drive to be on top, and seem to be…