Here’s a different look at the idea of how the military prepares its officers for corporate work. A June 16, 2006 report from Korn/Ferry International, Military Experience & CEOs: Is There a Link? says that military training offers lessons in leadership – like teamwork, planning, communication -- that can prove valuable in the boardroom. Using share prices as the measure of performance, the analysis “shows that S&P 500 companies headed by CEOs with military experience outperformed other S&P 500 companies in all time frames, particularly the three- and five-year periods.â€
Based on analysis of a survey of S&P 500 CEOs, the main findings are that
Military officers are over-represented among the ranks of CEOs.
CEOs with a military background are more likely to deliver strong performance.
Chief executive officers who have served in the military tend to survive longer on the job.
Ex-military CEOs are concentrated in the consumer non-cyclical and utilities sectors. By contrast, ex-military CEOs are under-represented in the consumer cyclical and technology sectors. [Why do you think that is?]
The leadership skills learned in military training enhance success in corporate life.
The appendix has a list of the 50+ S&P 500 CEOs who have military experience (as of September 30, 2005).
View Comments
i'm eric. joining a couple boards and looking forward to participating. hehe unless i get too distracted! eric
Posted by xztheericzx on November 10, 2007 - 07:15 AM
Just wanted to say Hello to everyone. Much to read and learn here, I'm sure I will enjoy !
Posted by Sensbachtal on February 24, 2008 - 10:52 PM
Post a Comment
To post a comment, you must be a registered user of FCW.com and be logged in. Use one of the forms below to login or register for FREE to FCW.com. To protect your privacy, you can use an alias as your username.
