Hiring a CEO of a different gender from their predecessor damages firm performance

Moving to a firm where the last CEO was of the same gender will set you up with the best chances of early success.

by Jane Simms

Summary

- When a new CEO is a different gender from their predecessor, organisational performance deteriorates, not because the successor lacks ability but because of biased perceptions among the leadership team. 

- Top teams need to guard against ‘in-group out-group’ bias during the transition from one CEO to another, but should pay particular attention when the predecessor and successor are of a different sex. 

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