Check out management-level job descriptions and they're likely to have common denominators, such as qualifications in a job's given function and the desired experience in a given industry.
Beyond technical expertise, organizations also identify more subjective qualities such as leadership, management and judgment.
But what exactly is judgment? Management gurus Noel Tichy and Warren Bennis, in "Judgment: How Winning Leaders Make Great Calls," analyzed cases involving several CEOs — including General Electric's Jeff Immelt, Boeing's Jim McNerney and Procter & Gamble's A.G. Lafley — and called judgment the "essence of leadership."
"With good judgment, little else matters," they wrote. "Without it, nothing else matters."
Which, perhaps, is why it's not judgment, but the lack of it, that tends to attract the most attention. Consider three recent examples:
• In December, Justine Sacco, corporate communications director for New York-based IAC, which operates the Daily Beast and other websites, tweeted just before departing on an overseas trip: "Going to Africa. Hope I don't get AIDS. Just kidding. I'm white!" By the time she arrived, the tweet had gone viral and she had been fired.
• Also in December, April Todd-Malmlov, the director of MNsure — Minnesota's state health insurance exchange — resigned after it was disclosed that, during November, in the middle of a rocky rollout of the exchange's website, she had been on a two-week vacation in Central America. The ill-timed vacation prompted criticism from political allies and opponents alike and she resigned.
• Tim Armstrong, CEO of AOL, alarmed both employees and investors during an employee conference call to discuss pending job cuts. Listeners heard Armstrong tell a staff member, "You're fired!" It was later disclosed that the employee, contrary to Armstrong's instructions, had persisted in photographing Armstrong, prompting the termination. Still, some employees recorded the call and one shared it with a journalist, who picked up on the story and caused it to go viral.