Executive Eye-Opener 4Q23

Happy Fall

Here at Broadview, we have taken full advantage of the fall conference season to connect with valued partners and friends from coast to coast. Our stops have included annual events for the National Black MBA Association, Minnesota Council of Non-Profits, National Council of State Housing Agencies, Opportunity Finance Network and AfroTech. We were also proud to be a part of NCCJ's Human Better Appreciation Celebration and the Congressional Black Caucus' Fire & Focus Scholarship Fund evening, honoring Congresswoman Joyce Beatty.

Apparent in many of our conversations along the way are the recessionary pressures causing organizations to be more cautious in their approach to sourcing talent. Just one more reason why there is no better time than now to revisit your organization's succession plan, which can serve to diminish future talent costs while avoiding regrettable losses. Learn why a well-structured talent pipeline in particular plays a pivotal role in developing strong and diverse leadership for your c-suite.

Equally as important as building a talent pipeline is supporting those already at the top. CEOs, in particular, often find themselves in a paradoxical position of both power and isolation. The weight of high-stakes decisions, constant scrutiny, and the burden of steering a company's course can easily create a sense of solitude in this leadership role. It's a problem that boards of directors should address to empower their CEOs.

Lastly, we are thrilled to share that BroadView has been granted admission into the Association of Executive Search and Leadership Consultants (AESC). This milestone and achievement was a bucket list item of mine, taking on particularly special meaning. Over 25 years ago, I was a rookie in retained executive search when my then employer, Carrington & Carrington, Ltd., was the first Black-owned executive search firm granted admission into AESC. I am humbled and honored that now my own has been admitted.

We will leverage this prestigious affiliation to not only drive our firm's continued growth but also to uphold quality standards for the executive search and leadership consulting profession as a whole. We hope to connect with you soon along our promising journey forward.

Warmly,

Tracy McMillan, CEO & Managing Partner

Read the full 4th quarter newsletter here.

Kim Daly