Tuesday, March 11, 2008

CEOs shoulder the blame

CEO’s shoulder nearly 60% of the blame for a company crisis. Perhaps this explains why in 2007 we saw an all time high of CEOs leaving their posts. North American CEO turnover increased 50% from 2006-to-2007. And globally, 32% of CEO’s were forced to leave their organizations “against their will” -- statistically shortening the average term of a “global chief” to just 6-years. (See Forbes article)

Is it just harder to be a CEO today than it was in yester-year? The AeA Los Angeles Council proudly brings Bob Fox to the table tonight to examine not only that question, but to identify the common traits and characteristics of what turns a CEO from savior to barbarian. (See keynote descriptor)

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