Why, according to the Harvard Business Review, do 2 out of 5 CEOs fail in their first 18 months?

 

What a question! As an experienced CEO since the late 80’s of a variety of different companies, and now a C level coach and Vistage Chair for CEOs and senior executives, a recent article in Psychology Today is thought provoking. It is my experience that being a CEO is very lonely. Employees want to please the CEO and often don’t tell the CEO what he/she needs to hear. The Board of Directors wants leadership and solutions to the challenges facing the business. Consultants, while very valuable, have no skin in the game; they make their living by selling their views.

“Those who failed to oppose me… who readily agreed with me and accepted all my views…were those who did me the most injury.”  Napoleon Bonaparte

When you have a few minutes you may want to read the recent article by Ray Williams published in Psychology Today. You can read the article online by clicking here or download the article by clicking here.

If you would like to discuss how you could benefit from working with an executive coach click here.

Making it Happen: Hoosier Economics:    One of the unique things about the United States is that we have 50 separate laboratories in which to conduct experiments exploring which economic policies work and which don’t.   Vistage Staff Economist and Institute for Trend Research principal Alan Beaulieu recently made a presentation to one of our Vistage Indiana groups at which its governor, Mitch Daniels, was present.

In a conversation with Alan, Governor Daniels shared what Indiana has done to turn its economy and state finances around.   Alan’s recent blog, “It Can Happen”,   offers a brief summary of that conversation.

 

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About budjohnson

Mr. Johnson is a Vistage Chair in the Houston Metropolitan area for CE Group 3502, and HR Key Group 9139. In addition Mr. Johnson is the Co-Founder of the Accelerated Professional's program designed to help young professionals become "Business Savvy.....Presentation Capable. Mr. Johnson also works with private equity investors to evaluate corporate opportunities.
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