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Quantifying what makes a good CEO
The shrewdest baseball managers have slashed their reliance on hunches and superstitions in favor of a new recruiting model based on metrics and a statistical analysis of how games are won and lost.
Now a pair of executives at Russell Reynolds Associates, the global headhunting firm, is trying to fashion a similar change in the way executive recruiters hire chief executives for early-stage start-up companies.
Tuck Rickards, a Russell Reynolds managing director in Boston, and Patrick Delhougne, an executive director at the firm’s New York headquarters, argue in ”The Scouting Report," a study published this month, that the quality and fit of a chief executive are the most critical factors in the success of venture-backed start-ups.
But within the world of recruiters and venture capitalists who fuel start-up businesses, there’s almost as much mythology surrounding swashbuckling entrepreneurs and bootstrap enterprises as there is around tobacco-chewing sluggers and late-summer winning streaks.
By Robert Weisman, Globe Staff
Full Story: http://www.boston.com/business/articles/2005/05/15/quantifying_what_makes_a_good_ceo/
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