Top 10 Questions CEOs Need to Ask When Interviewing a Chief Commercial Officer
Stanton Chase: Executive Search & Leadership Consultants
Your Leadership Partner
Dear reader,?
The job of Chief Commercial Officers (CCOs) is becoming more and more important. They provide essential guidance for businesses. Let’s break down what these versatile leaders do in simple terms:
Still unsure about what CCOs do? Our informal LinkedIn poll says 26% of people are. A CCO is the link between the CEO and customers’ needs and experiences. They inform the C-suite about what needs to be done to ensure that your sales numbers keep rising and don’t plateau.??
You might think, “Isn’t this what all executives are meant to do?” But here’s something to chew on: today’s consumers are different, and thus, C-suites need to be different too. Consumers expect more. They’ve carved out a niche for CCOs that didn’t exist 40 years ago.??
The challenge then becomes picking the right CCO. Their impact can range from sparking new business opportunities to completely missing the target. You don’t want the latter.?
That’s why I’ve put together this guide—especially for CEOs like you. Choosing a CCO isn’t just business as usual. So, I’m sharing 10 top questions for your CCO interviews, to help you find the champion your business needs.?
Yours truly,?
Global Functional Leader, Marketing and Sales
5 Questions on Soft Skills for Chief Commercial Officers
When looking for a CCO, think ahead. You’re not just picking a leader for today; you’re choosing one for the future—2040 and beyond. Here’s why:?
By 2040, we expect a massive shift online, with 95% of sales happening there. Most brick-and-mortar stores will likely have gone the way of the dinosaurs. The Asia Pacific region is set to boom, making up 39% of the world’s spending power. That means businesses need to start building their presence in emerging markets now. And while our planet’s population will grow by one billion, the number of consumers will jump by two billion. Generation Alpha, the children of today, will be the shoppers of 2040 with totally new desires—things will be all about speed, efficiency, affordability, and technology yet to be invented.?
So, to get to the point, you need a CCO who’s built to last. Someone who can plant strong roots now. But what should you look for in a future-ready CCO??
Here’s what counts:?
1. Critical Thinking?
Critical thinking means disciplined, clear, and rational thinking. It’s driven by evidence and self-awareness. Critical thinkers ask questions, analyze assumptions, and apply thought to make good decisions and sound judgments.?
Everyone likes to think they’re a critical thinker. In fact, 67% of people believe they have a good grip on what critical thinking is, but somehow only 19% can define it thoroughly.??
It’s not always easy to find true critical thinkers, especially when you need them on your team.?
When interviewing a potential CCO for your company, though, you can ask certain questions to get a glimpse of a candidate’s critical thinking skills, for example:?
2. Adaptability
Critical thinking is important, but it’s not everything. You also need adaptability. If your CCO can’t adapt, they’ll struggle to ride the winds of change.?
Research shows that being open to new experiences, as well as being extroverted, agreeable, conscientious, and emotionally stable are all linked to adaptability at work. If you want an adaptable CCO, look for these traits.?
Interviews may not always expose someone’s level of adaptability. But you can ask specific questions to get a better idea, like:?
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3. Collaboration?
Teamwork makes the dream work. It’s not just a catchy rhyme—it’s the truth. And it applies to your future CCO just as much as to anyone else—if not more so. Your CCO must make marketing and sales work together like a well-oiled machine. That’s no easy task.?
Now, when I say collaboration is important, it’s not just because it’s nice to have some social cohesion at work. It’s important because it drives productivity. In fact, organizations that hit the collaboration sweet spot and really get it right are five times as productive as their peers.?
But being a great collaborator and being likable or charismatic aren’t the same thing. And that makes it hard to determine if someone is a good collaborator from an interview alone. However, like all the traits mentioned previously, there are a few questions you can ask to determine how good someone might be at collaboration, like:?
4. Data-Driven Decision Making
If you’re looking for a CCO who can truly impact your business, you need someone who combines critical thinking with data-driven decision-making. Although these traits complement each other, they are different.??
Data-driven decision making uses solid data to guide strategic business choices that match your goals and priorities. It’s all about making informed choices based on facts and figures.?
And if you’re skeptical about the benefits, the data tells a clear story: organizations that focus on data-driven decisions are three times more likely to experience improvements in decision making than those that don’t rely heavily on data. But only 26.5% of organizations have a data-driven approach at the leadership level. By hiring a CCO who values data, you could join this group.?
So, how can you tell if a CCO candidate really makes decisions based on data without overwhelming them with graphs and statistics? It’s straightforward—you can ask them specific questions to see how they think, like:?
5. Relationship-Building?
Your CCO’s talent for building relationships is important in the C-suite. Interesting to note, research shows that people who struggle with relationship-building also tend to fall short in setting ambitious goals, getting results, inspiring others, being honest and ethical, taking initiative, demonstrating technical knowledge, and tackling problems when compared to those who excel in building strong relationships.??
What do skilled relationship builders do differently? According to the same research they’re not just good at starting and maintaining strong relationships; they’re trusted by their team, work well with others to get things done, think about how their decisions affect their colleagues, look out for the team’s interests even when on their own, and successfully work across the organization to meet goals requiring a lot of collaboration.?
So, how can you tell if a candidate is great at building relationships just from interview conversations? Well, you can ask pointed questions like:?
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About the Author
Tom Goorman is Stanton Chase’s Global Leader for its Marketing and Sales function. He has over 20 years of experience in executive search, providing strategic partnerships to clients across various industries, including technology, industrial, telecommunications, and professional services. He possesses a talent for discovering and nurturing C-suite executives and board members who drive exponential growth and success for their organizations.?
CEO @ Effective Government Foundation | Change Management, Strategic Planning & Systems Developer | Founder at Behavioral Governance Innovation Hub | Former UNDP Governance Officer
11 个月Very helpful for both preparing to interview and also for self-reflection. Thank you!
MBA em Administra??o e Dire??o de Empresas | Especialista em Opera??es de Armazém | Gest?o de Equipas | SAP & Excel | Lideran?a Sináptica
11 个月Great article on the importance of Chief Commercial Officers (CCOs) and the key questions to ask when interviewing for this critical role. Your insights into the evolving business landscape and the skills required for future-ready CCOs are spot on. I particularly appreciate your emphasis on the need for CCOs to possess critical thinking, adaptability, collaboration, data-driven decision-making, and relationship-building skills. These are indeed essential qualities for navigating the complexities of modern business environments. Fantastic job on providing valuable guidance for CEOs and business leaders looking to hire top-notch CCOs. Looking forward to reading more from you!
Nice portrait, Bo?tjan Dolin?ek