Latest / CEO Daily Brief with Dr. Jessica Kriegel
It's a Hard Time To Be a CEO
In today's episode:
New data shows that the average CEO's tenure is down more than a year in just the last two years. The leash is short for CEOs, and scrutiny is high.
Boards seem to be betting on fresh eyes rather than familiar hands; we're entering an era of precision leadership, rather than a focus on longtime company stewards.
This is likely to slow down with time. While investors have been rewarding short-term gains, CEO turnover is frequently followed by instability and culture whiplash within organizations.
Boards need to continue to evolve. They shouldn't just be watchdogs, but…
The skinny
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