An article on Linked In says that 1,000 CEOs resigned in the last year. That is an increase of 33%. So, what’s making the leaders and leader’s leaders run for the hills? Obviously factors and variables of the economic, organizational, and political climate can weigh heavy on professionals who are already stressed. But what else might be a factor? Of course health related issues for themselves or loved ones can abruptly change the landscape, too. If you want to know 15 other reasons why leaders are leaving.
Reasons can vary widely and are subject to change depending on economic, political, and organizational factors. Here are 15 potential reasons why leaders are leaving their place of work, often when no one saw it coming:
Scandals, sexual harassment claims or ethical violations can result in a letter of resignation.
Mergers and acquisitions often force or bring about leadership changes, often as a result of differing cultures or the individual was given a great exit package
Differences in vision or strategy with the board or stakeholders, lack of communication with those who are in power.
CEOs may decide to retire after a long career they are spent and just want out.
If a company's execution deteriorates significantly, leaders may be held accountable and that is definitely the case if stock holders or the board are not happy.
Legal or regulatory challenges can lead to resignations that most didn’t see coming.
Government investigations: Probes or investigations into the company's practices.
Failure to meet performance goals or expectations.
Intense market competition and pressure to outperform peers or they were stolen!
Events such as natural disasters or global economic downturns can lead to leader
Family or personal circumstances beyond health issues might necessitate retirement.
Activist shareholders and investors can push for changes.
This could be a planned transition to groom successors for an extended future
Loss of confidence from stakeholders, shareholders, the board, or colleagues
Rebranding or image makeover might be required as a part of damage control
The better we get at understanding ourselves, the better we can understand others and thus the gain improved knowledge about why people do what they do. In the workplace when there is so much on the line, knowing what is going on with other people can help us to reach in and ask if they need help.
Wishing you all the best and much love!
Dave
Yorumlar