Stephen A. Miles

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Stephen A. Miles
Stephen Miles Updated Image 2021 TMG.jpg
Miles in 2021
Born (1967-11-28) November 28, 1967 (age 56)
Nairobi, Kenya
Alma mater Queen's University (B.A., MBA)
University of Victoria (M.A. Psychology)
Occupation(s)Author
CEO Coach
Consultant
Specialist on succession planning, Board Effectiveness and Role of COO

Stephen A. Miles is an author and executive consultant, and Founder and Chief Executive Officer of The Miles Group, as well as a director at CDK Global (NASDAQ: CDK; formerly ADP Dealer Services), where he serves as a member of the Compensation and Nominating & Governance Committees. [1] Previously, he was a Vice Chairman at Heidrick & Struggles, where he ran Leadership Advisory Services and was a member of both the Global CEO and Board Practice, and the firm's management committee. [2]

Contents

Background

Miles was born in Nairobi, and spent his childhood in South Africa, Iraq, Argentina and Canada. [3] In 1991, Miles received his Bachelor of Arts in Psychology from Queen's University in Kingston, Ontario and a Masters in Psychology from the University of Victoria in 1994.

After working as a social worker counseling maximum-security inmates at the Kingston Penitentiary in Ontario, Miles turned his focus to management and leadership, receiving his master's degree in Business Administration from Queen's University in 1999.

After graduating, Miles worked for a year as a consultant, before arriving at Heidrick & Struggles in 1999. [3] After arriving at Heidrick & Struggles as a research analyst, Miles moved on to become a vice chairman and run Leadership Advisory Services within the Leadership Consulting Practice, overseeing the firm's worldwide executive assessment/succession planning activities. [4]

Career

Miles' research centers on CEO succession and leadership, using the 360 degree evaluation process. In 2010, Bloomberg Businessweek profiled Miles as a “rising star of CEO consulting” and CEO whisperer, highlighting his work in the area of CEO and executive coaching. [3] Miles was mentioned in a 2018 Bloomberg Businessweek article as the executive coach of Snap, Inc. CEO Evan Spiegel, and is credited with helping Snap move from a "hub-and spoke" to a "distributed" model of leadership. [5] Miles was featured in Fast Company's 2020 article on the Most Innovative Company of the year, Snap, Inc., in which he recounts his work with CEO Evan Spiegel. [6]

His 2006 book, Riding Shotgun: The Role of the Chief Operating Officer, was featured in the Harvard Business Review as an in-depth study of the COO's role within a corporation and how the role can successfully intersect with that of the CEO. [7]

In 2010, Miles and Stanford University Graduate School of Business Professor David F. Larcker collaborated on a Stanford Graduate School of Business case study on CEO succession planning, entitled “Multimillionaire Matchmaker.” In the study, [8] they found that 51% of companies could not name a CEO successor today, if needed. Miles and Larcker continued this thread of research in 2011 to examine whether active CEOs make the best board members, [9] finding evidence to suggest that while active CEOs bring prestige to a board, they are often not the best choice because they are commonly too busy with their own businesses to be a fully effective director.

He is a regular contributor to Forbes and the Management Blog at Bloomberg Businessweek, [10] and in 2019, Stephen launched the “C-Suite Intelligence” podcast. [11]

Bibliography

Related Research Articles

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References

  1. ↑ "CDK Global Board of Directors". CDK Global. Retrieved October 3, 2014.
  2. ↑ "Stephen Miles Bio". The Miles Group. Retrieved October 29, 2012.
  3. 1 2 3 Brady, Diane (November 29, 2010), "The Rising Star of CEO Consulting", Business Week, archived from the original on November 27, 2010, retrieved 2010-12-20
  4. ↑ "Stephen A. Miles". Heidrick & Struggles. Retrieved December 20, 2010.
  5. ↑ Frier, Sarah (August 22, 2018), "Nobody Trusts Facebook. Twitter Is a Hot Mess. What Is Snapchat Doing?", Business Week, retrieved 2018-08-23
  6. ↑ "Snap is the world's most innovative company of 2020". 10 March 2020.
  7. ↑ Bennett, Nathan & Miles, Stephen A. (2006). "Second in Command: The Misunderstood Role of the Chief Operating Officer". Harvard Business Review. 84 (5): 20–78.
  8. ↑ "2010 Survey On CEO Succession Planning". Rock Center for Corporate Governance. June 29, 2010. Retrieved August 6, 2010.
  9. ↑ "2011 Corporate Board of Directors Survey". Rock Center for Corporate Governance. 2011. Retrieved October 17, 2011.
  10. ↑ "BloombergBusinessweek - Articles by Stephen A. Miles and Nate Bennett". Bloomberg Businessweek. Archived from the original on May 19, 2012. Retrieved October 29, 2012.
  11. ↑ TMG Podcast - C-Suite Intelligence. June 5, 2019.
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