Real Reasons CEO’s are Fired
I came across this article on the T&D Blog which quote a four-year study from LeadershipIQ.com for why CEO’s are fired. Perhaps the surprising point is none of the top five have anything to do with financial performance of the company. The top reasons CEO’s were fired are:
- Mismanaging change (31%)
- Ignoring customers (28%)
- Tolerating low performers (27%)
- Denying reality (23%)
- Too much talk, not enough action (22%)
Read the full article from the T&D Blog.
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Very nice information.
Good points