Brutal Reality of Leadership: The Market Churns Leaders
Those in leadership know it’s tough. So tough that only 5 of the 30 CEOs Barrons picked in 2008 as the world’s best showed up on a similar list in 2012. And as I have shared before, in 1997, average annual turnover for CEOs was 5% and the average CEO duration at one company was 9 years. By 2009, average annual turnover for was 15% and the average CEO duration at one company was less than 5 years. Here’s a chance for you to fight back against this trend.