Stephen A. Miles

Stephen A. Miles
Born	(1967-11-28) November 28, 1967 Nairobi, Kenya
Alma mater	Queen's University (B.A., MBA) University of Victoria (M.A. Psychology)
Occupation	Author CEO Coach Consultant Specialist on Succession Planning, Board Effectiveness and Role of COO

Stephen A. Miles is an author and consultant to CEOs and corporate boards of directors. He is currently the Founder and Chief Executive Officer of The Miles Group, and is 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]

Background

Miles was born in Nairobi and lived a somewhat “nomadic” childhood in places such as South Africa, Iraq, Argentina and Canada.^[3] Driven by the study of human psychology, Miles received his Bachelor of Arts in Psychology (1991) from Queen’s University in Kingston, Ontario and a Masters in Psychology from the University of Victoria (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 Masters in Business Administration (1999) from Queen’s University in Kingston, Ontario.

Upon receiving his MBA, Miles worked for about a year as a consultant at Anderson Consulting before he arrived 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, Miles has helped companies such as BHP Billiton, Nokia, Best Buy, and Adobe assess their internal leadership capacity and develop emerging leaders within each company.^[3] Marshall Goldsmith, noted that Miles is “near the top, especially given his age, [and] probably has a broader knowledge base than [Goldsmith]."^[3]

In November 2010, Business Week magazine published a feature article on Miles, calling him the “rising star of CEO consulting” and “the CEO whisperer” and highlighting the successful work he has done in the area of CEO and executive coaching. Shantanu Narayen, CEO of Adobe Systems has described Miles as “wicked smart,” while Marius Kloppers, CEO of BHP Billiton, has described him as “fearless in a soft but determined sense.”^[3]

Miles and Stanford University Graduate School of Business Professor David F. Larcker have collaborated on a Stanford Graduate School of Business case study on CEO succession planning, entitled “Multimillionaire Matchmaker.” In a 2010 research study,^[5] 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.^[6] They found 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.

Miles’ 2006 book, Riding Shotgun: The Role of the Chief Operating Officer, was featured in the Harvard Business Review as one of the first in-depth studies of the COO’s role within a corporation and how the role can successfully intersect with that of the CEO.^[7] He is a regular contributor to the Management Blog at Bloomberg Businessweek,^[8] and is quoted regularly about succession planning and leadership issues in the press.^{[9][10][11][12][13][14][15][16]}

Bibliography

• Bennett, Nathan; & Miles, Stephen A. (2017). "Re-invent Yourself as COO". European Business Review.
• Griffin, Taylor; Larcker, David; Miles, Stephen A.; & Tayan, Brian. (2017). "Board Evaluations and Boardroom Dynamics". Stanford Corporate Governance Research Initiative.
• Miles, Stephen A.; Larcker, David; Griffin, Taylor; & Tayan, Brian. (2017). "How Boards Should Evaluate Their Own Performance". Harvard Business Review.
• Miles, Stephen A.; Larcker, David; Griffin, Taylor; & Tayan, Brian. (2016). "2016 | Board Directors Evaluation and Effectiveness". Stanford Corporate Governance Research Initiative.
• Miles, Stephen A.; Larcker, David; & Tayan, Brian. (2016). "Succession “losers”: What happens to executives passed over for the CEO job?". Stanford Closer Look Series.
• Miles, Stephen A.; Larcker, David; & Tayan, Brian. (2014). "The Handpicked CEO Successor". Stanford Closer Look Series.
• Miles, Stephen A.; & Sager Ira (2013). "Top Athletes Use Coaches. Why Don’t CEOs?". Bloomberg Businessweek.
• Miles, Stephen A. (2013). "Why Are Boards Coming Up Short In Performance?". Corporate Board Member.
• Bennett, Nathan; & Miles, Stephen A. (2012). "Is Your Board About to Pick the Wrong CEO?". Corporate Board Member.
• Miles, Stephen A.; & Larcker, David (2011). "Do Active CEOs Make the Best Board Members?". Stanford Graduate School of Business.
• Miles, Stephen A.; & Bennett, Nathan (July 10, 2011). "Are You Ready to Replace Your CEO?". Bank Director.
• Bennett, Nathan; & Miles, Stephen A. (2010). Your Career Game: How Game Theory Can Help You Achieve Your Professional Goals. Palo Alto: Stanford Business Books. ISBN 0-8047-5628-7.
• Bennett, Nathan; & Miles, Stephen A. (March 24, 2010). "Business Decisions Are Like Golf Decisions". Forbes.
• Miles, Stephen A.; & Bennett, Nathan (November 18, 2010). "How The SEC Just Changed Succession Planning: Part II". Forbes.
• Miles, Stephen A.; & Bennett, Nathan (November 17, 2010). "How The SEC Just Changed Succession Planning: Part I". Forbes.
• Miles, Stephen A. (July 31, 2009). "Succession Planning: How To Do It Right". Forbes
• Miles, Stephen A. (July 30, 2009). "Succession Planning: How Everyone Does It Wrong". Forbes.
• Miles, Stephen A.; & Bennett, Nathan (March 31, 2009). "The Changing Employer-Employee Relationship". Businessweek.
• Bennett, Nathan; & Miles, Stephen A. (January 29, 2008). "The Right War To Fight?". Forbes.
• Miles, Stephen A. & Watkins, M.D. (2007). "The Leadership Team: Complementary Strengths or Conflicting Agendas?". Harvard Business Review. 85 (4): 90–98. 
• Bennett, Nathan; & Miles, Stephen A. (2006). Riding Shotgun: The Role of the COO. Palo Alto: Stanford Business Books. ISBN 0-8047-5166-8.
• Bennett, Nathan & Miles, Stephen A. (2006). "Second in Command: The Misunderstood Role of the Chief Operating Officer". Harvard Business Review. 84 (5): 20–78. 

References

External links

• Stanford Graduate School of Business
• Your Career Game website
• Riding Shotgun website
• The Miles Group website