Preparing for CEO-ship: Companies using Chief Executive Institute hire external CEOs half as often as the Fortune 500 average

The Chief Executive Institute® (CEI) is an individualized, in-residence program for CEOs and their successors.

The Chief Executive Institute® (CEI) is an individualized, in-residence program for CEOs and their successors. CEI is a key program within Korn/Ferry’s CEO Succession and Senior Team Effectiveness offerings.

CEI is used to prepare individuals for the unparalleled pressures of the CEO job, with four expert coaches assigned to each executive. Identifying future CEOs is only the start of complete succession planning. CEI coaches each candidate to be ready for the rigors of the top job. Companies using CEI hire outside CEOs 11 percent of the time, compared to 30 percent for the Fortune 500.

Kevin Cashman, Senior Partner of Korn/Ferry Leadership and Talent Consulting and author of "Leadership from the Inside Out," shares what the Chief Executive Institute is and what levels of leadership they help to develop.

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