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You are a non-executive director of a large multinational diversified company and you have been asked to find a replacement for the retiring CEO. You have located a candidate of outstanding personal abilities, but her experience so far has been limited to the management of a medium-sized single product company. After her interview, the Board had two opposing points of view.
Some directors felt that strategy was common to all companies and the fact that her experience was confined to a medium-sized company did not matter. The other view was that there was too much difference between the two types of organisations for a successful CEO of a medium-sized company to succeed in such a large organisation.
Required:
To help the Board make a rational choice, report on:
-Aspects of strategy common to both types of company.
-Areas in which she is likely to be deficient.What is the likelihood of her being successful if appointed?
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