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CEOs and business leaders today must be skilled at more than making a profit. They should be industry thought leaders, savvy at all things digital, expert communicators with employees, media, and investors, and sharply attuned to political issues.
Alongside new facets of the job, demand for diversity and inclusion has put more focus on promoting women and people of color into the C-Suite.
This puts corporate America at a crossroads. Caren Kenney, CEO of Evolve Leadership, sees a distinct need for not only promoting women and minorities into the C-Suite—but truly investing in their success once they are there.
It’s widely reported that 2 out of 5 CEOs fail in the first 18 months and women CEOs are 45% more likely to be fired than their male counterparts. This is destructive! Kenney’s ideas for how to change the tenure of CEOs and business leaders include: