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Unanimous board votes feel responsible, but they often produce the weakest CEOs. This episode exposes how consensus-driven hiring quietly shifts boards from choosing leaders who can transform the business to selecting candidates everyone can tolerate. By unpacking the real mechanics of CEO searches, including search firm incentives, veto dynamics, and board psychology under pressure, this episode explains why consensus hiring rewards comfort over conviction, and why in today’s high cost of capital environment, that mistake is especially dangerous. A direct warning for boards that want alignment without sacrificing leadership strength.
By Ash WendtUnanimous board votes feel responsible, but they often produce the weakest CEOs. This episode exposes how consensus-driven hiring quietly shifts boards from choosing leaders who can transform the business to selecting candidates everyone can tolerate. By unpacking the real mechanics of CEO searches, including search firm incentives, veto dynamics, and board psychology under pressure, this episode explains why consensus hiring rewards comfort over conviction, and why in today’s high cost of capital environment, that mistake is especially dangerous. A direct warning for boards that want alignment without sacrificing leadership strength.