Recruiting the right people at the top is more crucial than ever for companies in crisis, warns
Claudio Fernández-Aráoz, a consultant at Egon Zehnder International, Buenos Aires, in an interview with
El Cronista Comercial. The calibre of executive talent can be a key success factor for firms facing life or death choices, adds the author of
Great People Decisions. Moreover, in tough times companies need to take a long-term view and build up their leadership talent bench, he notes. Although tensions may run high, leaders should also endeavour to analyse situations thoroughly and avoid taking unfair, snap decisions, Fernández-Aráoz concludes.
