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Wednesday, February 22, 2006

Do You Really Know Who Is Sitting in the Executive Suite?

It has happened again. Yet another high ranking executive, this time the now former CEO of RadioShack has resigned amid allegations regarding false academic information on his resume. By all accounts this executive, like others in recent years, has had a successful track record in business. If that is the case should it matter that his educational credentials aren't true? Only if honesty, integrity, trust and ethical behavior are characteristics that a company values.

Some studies state that upwards of 27% of all resumes have false educational information on them. Other studies indicate that the trend of falsifying information has jumped anywhere from five to fifteen per cent in recent years. In reality is there really any percentage of false resumes that is acceptable?

RadioShack has stated that at the time this individual was hired, in 1994, they were not in the practice of verifying academic credentials. They are not alone in that. Was your company verifying academic credentials in 1994? Are you verifying them in 2006?

If an individual's business references are stellar do you really need to take the extra step of verifying the academic information? Again, only if you believe your employees need to be honest and trustworthy. You have to wonder, if they are lying about their education, what else might they be lying about? And by the way, if it really doesn't matter, why would anyone go to the trouble of falsifying the information to begin with?

To read CNN's report on this most recent resume "scandal" click here: RadioShack CEO Resigns in Resume Flap


Posted by Denise Knutson, Senior Consultant, The H.S. Group

1 Comments:

  • It irritates me when senior officials get into top positions aided by false information on resumes & lies (likely in interviews) when other qualified and talented leaders get overlooked. That's the real tragedy. Oh, and then there's the bad example executives set for young, aspriring leaders.

    By Anonymous Anonymous, at 10:40 AM  

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