11/04/2026
In software and in private equity, the inside track to leadership is getting narrower.
Bain & Company (Technology Report 2026): the share of engineering organizations reporting traditional pyramid structures fell from 66% to 29%, and junior engineers went from one-third of teams to less than a fifth. Russell Reynolds Associates (PE CEO succession analysis, 2026): 69% of large European PE deals experienced at least one CEO change during the hold, and only 30% of those promoted an insider.
Our view: build future leaders on purpose. Where is your next CEO learning the job?