Nomination of supervisory boards: What are the mistakes that must be avoided?
During the 14-day livestream podcast by the Directors Academy, Dr Klaus Weigel spoke with Rudolf Ruter on 7 April 2022. The topic of the conversation: the “correct” make-up of supervisory bodies in both capital market and un-listed family-owned companies and the mistakes to be avoided.
You can listen to the full conversation again here:
Dr Klaus Wiegel, Managing Partner of our partner company Board Xperts GmbH, at the 29th Münchner Management Kolloquium
Business leaders in all industries are facing the huge task of transformation. Investment needs to be made in new technologies and business models which, right now, are not yet certain to succeed.
Dr Klaus Weigel, Managing Partner of our partner company Board Xperts GmbH, explains what all this means for the composition of supervisory boards in a talk at the 29th Münchner Management Kolloquium.
A portrait of Dr Klaus Weigel in brand eins
‘A good judge of character’ – this is how journalist David Selbach describes Dr Klaus Weigel, the Managing Director of our partner company Board Xperts GmbH. For the brand eins/thema magazine on the best management consultants of 2022, Selbach visited Klaus Weigel and Matthias Kestler and had a chat with them at the office in Frankfurt.
Read the full article here (german only)
Dr. Klaus Weigel on the requirements of the composition of advisory boards
The digitalization of business processes as well as the internationalization of customer relationships require a revised definition of the role of supervisory boards. What such a change may look like and what it might entail for the composition of supervisory boards will be the topic of Dr. Weigel’s lecture at the 28th Munich Management Colloquium.
Grünwald and Frankfurt/Main, 10th of February 2020. Board Xperts GmbH and Xellento Executive Search are joining forces with regard to the placement of supervisory and advisory board members as well as top-tier management positions. This cooperation will enable both companies to further strengthen their capabilities of filling high-level management positions. Moreover, when seeking a highly skilled supervisory or advisory board member, they can draw on a pool of 1,800 personalities with leadership expertise across nearly all industries and functional areas.
Dr. Klaus Weigel, Managing Partner of Board Xperts GmbH notes that ‘with regard to the placement of supervisory and advisory board members we have been working with a broad range of clients, especially larger privately held companies as well as financial investment firms, since many years. Now we are able to expand our network even further and develop new market potential by additionally focusing on our clients’ top-tier management needs.’ Dr. Matthias Kestler, Partner at Xellento Executive Search adds that ‘our clients will profit from this cooperation and its broader reach.’
Board Xperts GmbH, located in Frankfurt/Main since 2006, is a leader in the placement of experienced supervisory board members, qualified advisory board members and industry experts. Dr. Klaus Weigel is a founding board member of the association Aufsichtsräte Mittelstand in Deutschland e. V. (ArMiD) with currently more than three hundred members. ArMiD’s aim is to offer practically relevant assistance to its members with regard to their work and networking opportunities.
The executive search consultancy Xellento Executive Search is based in Grünwald by Munich. The company is specialized in the placement of top-tier and C-suite management positions across international corporations and SMEs. In 2019, Xellento Executive Search was nominated for the Headhunter of the Year award. Furthermore, in the most recent headhunter ranking in the business magazine WirtschaftsWoche Xellento Executive Search was voted among the best across the fields of consulting/professional services as well as consumer goods and retail.
While working from home is becoming increasingly more popular, Germany is lagging behind the home office trend. Christian Schultz, editor at dpa, notes that organizational questions remain partially unanswered and that a change of mind is especially necessary among SMEs:
The Munich based headhunter Peter Alexander Rapp chose a more rigorous wording. «Germany is trailing far behind with regard to the concept of Smart Work.» The problem is rooted in a company landscape which is often characterized by SMEs. Especially in SMEs not located in the vicinity of large cities a change of mind is necessary; nowadays, job candidates request such work options. It requires manifold incentives to win the sought professionals. In some companies there is disagreement between HR officers and more traditionally thinking company bosses. The latter frequently judge employees to work less and pursue other tasks when at home.
The economic boom is slowing; however, SMEs are continuing to seek high achievers. What to do? Handelsblatt editor Anja Müller, team leader SMEs and family-owned businesses, describes the situation as follows:
Matthias Kestler notes “that there is no trivial solution”. Currently, he has been focussing on the difficulty to attract top talents to rural locations – a problem faced by many SMEs. The headhunter indicates that the demands of the sought managers have grown over time and “an economic downturn will not lower the expectations”. Hereby, the remuneration is not a decisive factor: “Relocation is not dependent on a higher compensation; the realm of responsibility is the decisive factor. This holds true for 98 percent of my candidates.” There are more important things to life than a €5k increase. This said, one should keep in mind that the individuals Kestler seeks are already on a very high income. However, he adds, there is a further crucial factor: Interesting concepts matter. Kestler says that “more than half of candidates would immediately sign a contract if it entailed a home office day on Friday.”
A special contribution by Dr. Matthias Kestler. Read the full WirtschaftsWoche article here.
WirtschaftsWoche Personalberater Index 2021
Xellento is also one of the best recruitment agencies in Germany in 2021. In the Headhunter Ranking of the WirtschaftsWoche our customers have rated us in the best possible way. The ranking “Germany’s best recruitment consultants” is based on a questionnaire developed by Christel Gade, Professor at IU International University of Applied Sciences. About 3,000 personnel decision-makers were interviewed between July and October. Thanks to everyone who took the time to mention our commitment in an appreciative way.
FOCUS TOP personnel service provider 2021
XELLENTO is among the TOP personnel service providers in the “Executive Search” category in 2021 as well. This is according to a study carried out by the market research company Statista for the news magazine Focus Business. This means that XELLENTO is once again one of the top 75 personnel service providers in the important “Executive Search” category.
Germany’s companies have voted: Xellento is a leading personnel service provider 2020 in the category ‘Executive Search’. Last year, the market research company Statista conducted a questionnaire-based study on behalf of the news magazine Focus Business in which executive search clients especially rated the candidate profile quality, assignment speed, the means and manner of communication as well as service provision.
In the core category ‘Executive Search’ Xellento is among the leading 75 companies in Germany.
Xellento is among the leading search firms in Germany. The headhunter ranking of the WirtschaftsWoche resulted in our clients bestowing us a five-star rating in two fields of business.
For the fourth consecutive time the magazine WirtschaftsWoche collaborated with Professor Christel Gade from the IUBH (Internationale Hochschule Bad Honnef) in its analysis of the executive search consultants market. In the period of July to September 2019, 2,500 HR decision makers judged 885 executive search consultancies by questionnaire. The result: Xellento is a leader in the fields of Consulting/Professional Services as well as FMCG and Retail.
Xellento was nominated for the „Headhunter-of-the-year-Award“ 2019 in the category „Executive Search“. The award is hosted by the career service provider Experteer. The aim is to acknowledge executive search firms of high quality and professionalism as well as highlighting pioneers and promoting industry innovations.
Lectures by Dr. Matthias Kestler and Peter Alexander Rapp
Attracting new employees beyond metropolitan areas
How do employers, especially SMEs, attract high achievers to the rural locations? Today, employees set out the working conditions, thus companies are the ones vying for the candidates. Apart from compensation and company car there is a further factor of importance: the location. The SME which is “located at the end of the world” is faced with a fierce fight for talent.
The above was presented and discussed by the Xellento partners Dr. Matthias Kestler
on the 10th of July 2019 at the Pioneers Club in Bielefeld
and Peter Alexander Rapp
on the 10th of October 2019 at the FAZ Conference “Recruiting & Führungskräftebindung im Mittelstand“ by KLAFS GmbH & Co. KG in Schwäbisch Hall
POINTS OF VIEW
Insights by Dr. Matthias Kestler and Peter Alexander Rapp
Fremde Köpfe – neue Lösungen
Was ist bei Top-Besetzungen wichtiger: Branchenwissen oder Funktionsstärke? – Beides natürlich. Aber wenn ein neuer Chef gesucht wird, muss man manchmal neue Wege gehen. Heißt hier: es muss nicht zwingend ein Branchenfachmann sein. weiter…
Mission Impossible oder: sieben der beliebtesten Irrtümer bei der Zusammenarbeit mit Personalberatern
Wer einen Personalberater mit der Neubesetzung einer Spitzenposition beauftragt, kann erstaunlich viel falsch machen. Die Berater der Münchner Berater-Boutique Xellento Executive Search schildern hier einige der meist gesehenen Erfolgsbremsen bei der Kandidatensuche. weiter…
Headhunters Alptraum oder: Der Teufel steckt immer im Detail
Die besten Jäger sind nicht die mit der größten Feuerkraft, sondern jene, die es verstehen, sich dem Wild im richtigen Augenblick in der richtigen Weise zu nähern. Womit ein Qualitätsmerkmal guter Headhunter schon beschrieben wäre. Auftraggeber, die das Wissen der „Jäger“ über Timing und Details nicht nutzen, verprellen die besten Kandidaten durch manchmal sehr banale Fehler. Hier ein paar besonders fatale: weiter…
Are you ready for a leap to the top?
The dos and don’ts of how to climb the social ladder! An illustration by style, language and etiquette expert Doris Märtin for success-oriented readers. For her book Mrs. Märtin interviewed Dr. Matthias Kestler.
Author: Doris Märtin
2019, 320 pages, hardcover € 22,95
Trade publications of the former Rat.Haus Personnel Consulting Ltd and Otto • Henning & Company can be ordered here.
HR Benchmarking Report 2010/11 Rat.Haus Personnel Consulting and Otto • Henning & Company present the HR Benchmarking Report 2010/11 – Schwerpunkt “Talent Management”
Authors: Dr. Michael Henning; Dr. Matthias Kestler
2010, 192 pages, softcover € 495
Rechtsabteilung Report 2009 Otto • Henning & Company presents the study “Organisation und Strategie der Rechtsabteilung im Fokus von Qualität und Effizienz”
Author: Dr. Michael Henning
2011, 204 pages, softcover € 499
Distressed Debt Investments
Over the last few years the number of ailing loans, also known as distressed debt or non-performing loans, has risen substantially. Buying up and dealing with such loans can be used as a measure of reorganization.
Authors: Dr. Matthias Kestler, Dr. Andreas Striegel, Dr. Thomas A. Jesch
2006, 156 pages, hardcover € 38