In today’s ever-evolving business world, the priorities of top executives have shifted. We’ve worked with thousands of senior leaders seeking their next impact role, and our conversations have revealed key insights about what they really value when considering a new position. They reflect the ongoing evolution of leadership culture.
Below, we’ll explore the top factors executives prioritize when evaluating new opportunities:
1. A Clear Vision and Long-Term Strategy
One of the first things executives want to understand is the current state of the business.. It’s rarely a simple “plug-and-play” situation and in most cases, executives are brought in to drive significant change, whether fixing a major cultural issue or addressing more profound operational challenges like lack of profitability for years. While some rare instances focus on hiring an executive to maintain the status quo, most are hired as change agents—leaders expected to strategically tackle existing problems head-on.
Executives ask tough questions about the long-term plans of the organization. Is there a long runway to make impactful changes over the next three to five years, or is it a short-term, high-stakes view from the Board of Director where their position could be on the line if immediate results aren’t achieved? Understanding whether the role allows for a strategic, long-term approach is critical for executives who want to make lasting contributions rather than just quick, profitability fixes. Not all executives want the same environment.
2. Technology Adoption and Digital Transformation
Another major factor for executives is the company’s progress with technology adoption. Today, business leaders expect organizations to have embraced digital transformation in “some” fashion by now, and if a company hasn’t made significant strides in technology over the past decade, it’s often a red flag and they walk away.
Executives want to lead companies where technology isn’t just a back-office tool but a driving force for innovation and customer engagement. Whether it’s using segmented CRM systems, AI-driven analytics, MAP or integrated HRIS systems or even a major ERP system that will streamline across all departments, leaders are looking to push these tools to the next level. Their goal is to leverage technology to enhance customer experience, streamline operations, and ultimately increase revenue. Without a strong foundation in technology, companies risk falling behind—and top executives won’t sign up for that.
3. Culture and Leadership Inclusivity
Leadership culture plays a pivotal role in an executive’s decision to join a company. Specifically, they want to know about the company’s leadership style and the inclusivity of the existing leadership team. Executives often ask questions like, “How open is the CEO to new ideas?” and “Is the company culture one that encourages creativity and innovation, or does it stifle them?”
The best executives want to be part of a culture that not only allows but actively encourages fresh perspectives and diverse thought. They’re looking for a leadership environment that supports collaboration and innovation, not one bogged down by rigid hierarchies or resistance to change. They also want to ensure that their voice will be heard and they will make meaningful contributions.
Executives today are clear about what they want in a new position: a well-defined vision with room to make a long-term impact, an organization that embraces technology, and a leadership culture that fosters inclusion and innovation. As businesses evolve, so do the expectations of top leaders, and these trends reflect the shifting landscape. Companies seeking to attract the best talent, aligning with these priorities is crucial for drawing in the next generation of transformative leaders.