White Paper: Leadership Effectivness – A Look Into What Sets Minnesota’s Middle Market CEOs Apart
Minnesota is well known for its Fortune 500 and 100 companies, and is celebrated for hosting and supporting a strong small business network. While there is no shortage of information, studies, articles and books about CEOs of large companies and small businesses, far less information is directed toward mid-size companies and their CEOs. As a result, their issues and needs are underrepresented in the marketplace. We wanted to explore specific leadership qualities and styles of middle market CEOs and extrapolate how they uniquely lead their organizations through growth and transformation.
For the purpose of our research, we focused on 25 CEOs who lead Minnesota based companies that generate between $30 million and $1 billion; two organizations fell on either side of these parameters and one company is based in Ottawa, Canada. Our pool of CEOs was comprised of 20 males and 5 females with CEO tenure ranging from two to 22 years. Public, private, and non-profit organizations were represented and reflect healthcare, technology, manufacturing, retail and service industries.