Question About Executive Leadership
The Business Roundtable released their Fourth Quarter CEO Economic Outlook Survey recently. There was good news since the CEO’s anticipated increased capital expenditures and sales during the next six months. The news about jobs was decidedly gloomier with employment growth continuing to lag.
Theirs is only one opinion however. In another release by Challenger, Gray and Christmas, Inc. the outplacement firm, found the rate of turnover of CEO’s had slowed from a year ago.
Still there was a caveat offered by John A. Challenger “However, the slower pace of CEO turnover may not last. Signs of recovery are beginning to emerge. As a turnaround gains momentum, there could be a surge in CEO changes as organizations change from a hold-the-line strategy to one focused more on risk-taking and expansion,” he added.
In the New Year could it be the lagging employment growth in the New Year will come from the downsizing of the CEO’s themselves?
