CEO turnover is reaching record-breaking levels. In just 11 months of 2024, nearly 2,000 CEOs left their roles—the highest number in decades. Activist investors, volatile markets, and rising performance expectations are creating a leadership crisis. Boards are increasingly appointing interim CEOs, uncertain of who can truly lead in such a dynamic environment.
What’s more alarming? Only three in five newly appointed CEOs live up to performance expectations in their first 18 months (McKinsey & Company, 2024).
Why Are CEOs Failing?
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Rapid Market Shifts:Economic unpredictability makes long-term planning harder than ever.
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Increased Board Pressure:Activist investors are forcing CEOs out at record rates (Axios, 2024).
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Lack of Support & Development:Many CEOs enter the role unprepared for the level of complexity they face.
The Coaching Advantage: Why Top CEOs Work with Coaches
Research shows that a CEO’s influence accounts for 45% of a company’s performance (Dewar, Keller, & Malhotra, McKinsey & Company, 2024). Yet, despite the immense responsibility, many leaders struggle to navigate challenges alone.
Coaching is the most effective way for CEOs to succeed. Here’s why:
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Better Decision-Making Under Pressure. A leadership coach helps CEOs sharpen strategic thinking, problem-solving, and crisis management skills. This leads to faster, more effective decision-making.
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Increased Resilience & Adaptability. A coach provides the tools to manage stress, prevent burnout, and develop emotional intelligence—crucial for leading through uncertainty.
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Stronger Leadership, Bigger Impact. The best CEOs cultivate high-performing teams, inspire action, and drive cultural change. Coaching enhances these leadership skills, ensuring CEOs leave a lasting legacy.
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Cost Savings & Business Stability. Replacing a CEO can cost millions in severance, hiring, and lost productivity (Barclays, 2024). Investing in coaching increases CEO success rates, reducing turnover and safeguarding company performance.
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