Even though many CEOs are currently forced to take an impromptu approach to their job, it doesn’t have to be this way. Yes, the CEO role has proven difficult to professionalize, but there are factors that encourage those of us working toward this goal.
CEOs have less time than ever today to prove themselves. The average CEO tenure in the U.S. is about five years (according to Challenger, Gray & Christmas), and the Center for Creative Leadership says that 40% of CEOs are fired within their first 18 months on the job.
No company wins all the time. It’s not realistic to think a CEO won’t face problems during their tenure.