CEO VISION REVISITED Leaders for Today and for the Future CHILE COLOMBIA ARGENTINA MIAMI PERU BRAZILVENEZUELA ECUADOR ARGENTINAVENEZUELA PERU BRAZIL VENEZUELAECUADOR MIAMI COLOMBIA CHILE BRAZIL ECUADOR MIAMI MIAMI CHILE VENEZUELA PERU ARGENTINA COLOMBIA BRAZIL ARGENTINA © Copyright 2009/2010 The Korn/Ferry Institute CHILE COLOMBIAVENEZUELA MIAMI MIAMI PERU ECUADOR ARGENTINA BRAZIL BRAZILCOLOMBIA CHILE PERUECUADOR CHILE PERU COLOMBIA BRAZILECUADOR ARGENTINA VENEZUELA VENEZUELA ECUADOR MIAMI ARGENTINA PERU CHILE COLOMBIA CONTENTS Participating Leaders ..................................................................................... 1 Participating Companies ................................................................................ 4 Executive Summary ...................................................................................... 7 Today’s Top Priorities .................................................................................... 9 1. Transforming Leaders’ Competencies ................................................. 9 2. Dreams Unfulfilled .............................................................................. 13 3. The Race for Talent ............................................................................ 15 4. A New Role for HR ............................................................................ 17 5. The Economic Future ........................................................................ 20 Appendix .................................................................................................... 24 Appendix A: Sample Description ........................................................... 24 Appendix B: Other Relevant Charts ....................................................... 25 Appendix C: Regional Breakdowns ....................................................... 28 Appendix D: Market Sector Breakdowns ............................................... 31 Korn/Ferry’s CEO Vision Revisited Team ..................................................... 35 About INSEAD ............................................................................................. 38 About the Survey ......................................................................................... 39 III PARTICIPATING LEADERS The insights and findings revealed in the 2009 survey were made possible by the participation of the following executives, who met with Korn/Ferry consultants in one-on-one interviews during the second half of 2008. Argentina Brazil Heinz Peter Elstrodt Jorge Ader Rolf-Dieter Acker Patrice Etlin Enrique Alemany Raul Aguirre Tarek Farahat Natalisio Almeida Alfonso Alba Fermin Fautsch Juan Jose Aranguren Odilon Almeida José Magalhães Fernandes Ezequiel Gomez Berard Emilson Alonso Wilson Ferreira Junior Martin Berardi José Luiz Alqueres Alberto Ferreira Francisco Crespo Benitez José Tadeu Alves Filipe A. Ferreira Marcelo Blanco Luiz Felipe Andrade Mauro Figueiredo Anibal Borderes Carlos A.C. André Luiz Fernando Fleury Juan Bosh Mário Anseloni Eduardo Fortunato Guillermo Cascio Ricardo Antunes Manuel Frade Rodolfo Corvi Daniela Araújo Paulo Roberto Freire Horacio Cristiani Marcelo Araújo Claudio Galeazzi Juan Dabusti Mário Cesar P. de Araújo Ricardo Gehrke Hector Daza Jaime Ardilla Silvio Genesini Pablo Devoto Kenneth Arredondo Elias L. Glik Clarisa Estol Alexandre Bonfim de Azevedo Sérgio Gomes Alejandro Estrada Otávio de Azevedo Claudia Goulart Javier Rodriguez Falcón André Balbi Marcos Grasso Sergio de Francesco Marcelo Barboza Mário Grieco Martin Gauto Volker Bargon Artur Grynbaum Guillermo Goldberg Marcos Campos Bicudo Amaury Guerrero Mario Iglesias Fernando Blanco Jean-Noel Guetat Diego Juarez Célio F. Bozola Antonio Carlos Guimarães Guillermo Laje Renato Buselli Gustavo Haddad Martin Lang Aluizio B. Byrro Francisco Hidalgo Pablo de Lazzari Humberto Cagno Gustavo Hildenbrand Daniel Llambias Agnaldo Calbucci Alexandre Hohagen Antonio Losada Emílio Humberto Carazzai Sobrinho Roger Ingold Diego Lozano Eleazar de Carvalho Filho Michael K. Johnston Diego Majdalani Cesar Castelli Carlos Alberto Júlio Gustavo Morales Anna Chaia Eduardo Karrer Decio Oddone Sérgio Chaia Rainer Krause Michael O’Rourke Oscar V. Clarke Kees Kruythoff Pablo Peralta Mark A. Clouse Luiz Rodolfo Landim Machado Javier Rodriguez Márcio Coelho Michel Levy Ricardo Rodriguez Olivier Colas Luiz Ildefonso Lopes Aldo Roggio Claudio Coracini José Roberto Loureiro Alejandro Roggio Caio Túlio Costa Patrick de Larragoiti Lucas Gabriel Rozman Jacyr Costa Filho Antonio Maciel Neto Joaquina Dos Santos João Cox Vitor Manuel C. Mallmann Alberto Schuster Philippe Crettex Thais L. Marca Damian Scokin João Luis F. Damato Gustavo Marin Juan Martin de la Serna José Rubens De La Rosa José Sidnei Colombo Martini Gabriel Speratti João Carlos F. de Luca Marcelo T. Martins Alejandro Stengel Luiz de Luca Roberto José M. de Medeiros Luis Schvimer Marcos Antonio De Marchi José Ricardo Mendes da Silva Marcela Solanes Henning Dornbusch Thomaz Menezes Alejandro Tamer Victor Mezei Pablo Tarantini Luis Felipe Miranda Nicolas Tejerina Horacio Werner Sandra Yachelini 1 Cleber P. de Morais Chile Ecuador Ideval A.C. Munhoz Marco Antonio Alvarez José Fernando Agudelo Osvaldo Nascimento Xavier Blondot Freddy Carrillo Martin Nelzow Boris Buvinich Ernst Fehrenbach Gioji Okuhara James Callahan Félix Hernáez Marcos S. de Oliveira Sergio Cavagnaro Konrad Ldabuschagne Rogério Oliveira Frans Cromme Marco Moesgen Vasco Carvalho de Oliveira Ignacio Domeyko Wilfredo Orellana Wilson Amaral Oliveira Oliver Flogel Francisco Restrepo Maurício Ortiz Rodrigo Garcia Erich Rey Rubens Pedrosa Gustavo Gomez Diana Torres Ricardo Pelegrini Janine Hoey Herbert Vargas José Luciano Penido Nils Huseby Vicente Wong Martha N. Penna Hernán Mario Mickey John Peters Guillermo Moya Pablo H. Plá Elvin Ortiz Oscar C. Porto James Park Peru Fátima M.Q. Raimondi Silvio Rostango Walter Bayly Daniel Randon Andres Rudolphy Roque Benavides Henri Philippe Reichstul Alejandro Santis Ignacio Blanco Jair Ribeiro Jorge Salvatierra Hyo Kwun Choi Rogério Ribeiro Francisco Valenzuela Jaime Luis Daly Pedro Ripper Michael Duncan João Carlos Nunes Rocha Federico Elewaut Luiz Eduardo Baptista da Rocha Luis Ferrand Fernando Jorio Rodrigues Colombia Rafael Llosa Roberto Rodrigues Luis Fernando Alarcón Mantilla Eduardo Torres Llosa Humberto Gómez Rojo Pablo Casabianca Humberto Chávez López José Castro Rudge César Castro Rafael Sánchez Loza Paulo Roberto Russomanno Ricardo Cortés Luiz Felipe Mauger Lywall Salles Filho Pedro Fonseca Paulo Nogueira Pedro Moreira Salles Julián Jaramillo Escobar Alejandro Ormeño Carlos César Santos Sampaio Javier Jaramillo Velázquez Walter Piazza de la Jara Miguel Sampol Felipe Osorio Eduardo Razetto Dilson Santos Luis Guillermo Parra Dussan Miguel Rivera Walter Schalka Carlos E. Piedrahita Arocha Carlos Rodríguez-Pastor Elias Rogério Silva Sergio Regueros Swonkin Alejandro Desmaison João Bosco Silva Michael Sean Reilly Lieneke Schol Marcelo J. F. e Silva Francisco Rodríguez Tulio Silgado Britaldo Pedrosa Soares Fabio Sánchez Alvaro Valdez Otto Von Sothen Felipe Silva Aldo Venturelli Ivan de Souza Barry Smith Daurio Speranzini André Staffa Filho Isaac Manuel Barragán Suarez Pedro Suarez Herve Tessler Paulo Tilkian Pablo Toledo Gilberto Tomazoni Rodrigo Toni Alexander Triebnigg Enrique Ussher Gustavo Valle Milton Vargas Claus Vieira Frank Wisbrun Rodrigo Xavier Paulo Zottolo 2 PARTICIPATING LEADERS, continued Venezuela Miami Eduardo Benatuil Jose Aldrich Luis Enrique Berrizbeitia Liz Alicea-Velez Manuel Blanco Steven Bandel Felipe Brillembourg Juan Cento Carlos Carlés Gaston Comas César Casal Rui Da Costa Arturo Castejón William Foley Ricardo Castro Carlos Garcia César Chacón Charles Herington Lucio Covone Santiago Hinojosa Arístides de Macedo James Hogan Blanca De Pasquali Armando Jacomino Alexander Elorriaga Maria Johnson Arthur Gelles Christophe Maincourt Rodolfo Goetz Alain Maquet Luis Ernesto González Eduardo Nieto Otto González Juan Carlos Parodi Luis Xavier Grisanti Peter Pietka Gustavo Guariguata Fernando Pocaterra Elvis Ippoliti Eduardo Ruiz Eric Langhamer Dardo Sabarots Juan Carlos López Diane Sanchez Oscar Machado K. Mathias General Sandoval Edward Medina Eugenio Sevilla-Sacasa Jeff Milliken Diego Stecchi Roberto Moro Milton Torres Thomas Nett Dirk Van De Put Ricardo Ogawa Dieter Weinand Norbert Oppitz Pedro Páez Alberto Paiva Patricia Pineda Bent Porsborg Marcelo Pouet José Guillermo Ramos Francisco Rivero Randy Robleto Oswaldo Santana François Simonpietri Alberto Sosa Enrique Vivas 3 PARTICIPATING COMPANIES Argentina Brazil Daiichi Sankyo Alcatel – Lucent A.W. Faber Castell Danone AON Risk Services Abbott DASA - Diagnósticos da América Atos Origin Accenture Dow Química Banco Ciudad de Buenos Aires Ache Duke Energy International Banco Comafi Advent International Corporation EDS-Electronic Data Systems Banco Galicia AES Eletropaulo Edwards Lifesciences Banco Hipotecario AGV Logística Empax Embalagens Banco Itaú Alcon Labs Ericsson Telecomunicações Banco Macro Amanco Ford Brasil Banco Privado de Inversiones Areva T&D Fras-Le Banco Supervielle AstraZeneca Gafisa BGH AT Kearney, Inc. Galderma bumeran Atento General Electric Medical Systems Capgemini Avaya Brasil General Mills Cisco Avon Cosméticos General Motors Coca Cola Banco Citibank Goodyear Compañía Financiera Argentina Banco UBS Pactual Google Compass Group BASF GPTI Dell Baxter Hospitalar GSK Despegar.com Bayer Schering Hewlett Packard Deutsche Bank Becton Dickinson Hospital e Maternidade São Luiz First Data BMW