Some Good News for Earth Day: Progress on Sustainable Leadership
Constantine G. Alexandrakis
Chief Executive Officer at Russell Reynolds Associates
Transitioning an organization toward a new future is complex and messy—and the much-needed pivot to sustainable business is no exception. It involves bold decision-making, difficult trade-offs, and uncomfortable conversations. And while talk is easy, true change doesn’t happen overnight.
The good news is that there are now glimmers of hope that companies are committing to taking the first step forward in this complicated journey.
Every year we help place thousands of leaders into C-suite and board positions, and this gives us front-row seats into what organizations are looking for in their next executive. Our latest research shows that organizations around the world are increasingly looking for CEOs, CxOs, and other senior leaders who have what it takes to move the dial on sustainability.
In 2015, just 9% of the role specifications we developed for our global clients included sustainability experience or skills as a key leadership requirement. Today, it stands at 53%—a testament to the global awakening that corporations around the world have had around the link between sustainability and long-term success.
How to Find Sustainable Leaders
As a top global leadership advisory firm, RRA has seen first-hand the difference that having the right leader—or leaders—at the helm can make when it comes to sustainability.
Effective sustainable leadership turns lofty aspirations into tangible achievements. With great leadership, the whole organization coalesces around a new vision and purpose, and is given the tools and resources they need to deliver against sustainability targets. Without it, good intentions become meaningless words—or worse, “greenwashing.”
Infusing sustainability across your leadership teams isn’t just a question of finding a Chief Sustainability Officer (although this, of course, helps). The bottom line is that every person on your executive team must help progress the agenda by infusing sustainability across their functions.
So, how can you find the executives you need to progress sustainability? What exactly should you be looking for? And how can you attract the right people to help accelerate your journey?
Based on our experience, we share four key ideas.
Earth Day provides an important moment for us to not only celebrate how far we’ve come but also to understand how much further we have to go. Updating your hiring processes, as well as your promotion and succession strategies, is a critical first step in your sustainability journey. As we often know, the first step can be the hardest, but the most important if we want to deliver real change.
So, how will you rethink your approach to leadership in the year ahead? Will you help us increase the proportion of role specifications mentioning sustainability so that one day soon it is a standard requirement of every executive position?