Of the CEOs who parted ways with the world’s 2,500 largest companies in 2014, only 14pc were forced out — the remaining 86pc were planned, according to Strategy&. Back in 2000, those numbers stood at 35pc and 65pc, respectively. Does this dramatic change suggest that boards are becoming more complacent about their chief executives? No, writes Per-Ola Karlsson. It shows that boards are getting better at selecting the right leaders.
(Source: HBR.org)
Published in Dawn, Economic & Business, August 3rd, 2015
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