CEO’s role is evolving as an influencer
Gone are days when chief executive officer (CEOs) enjoyed their stature and had lesser tension. These days, CEOs are on toes and work beyond their limit to achieve organisational goals.
Research shows that between 35% and 50% of all CEOs are replaced within five years and this is a costly proposition for any organisation. Hence, an organisation would not trade to lose its leader until the leader is purely inefficient.