Harvard Business Review has an interesting article created by PriceWaterhouseCoopers:
In a 2013 survey of nearly 700 executives across a variety of industries, our firm asked respondents to rate the effectiveness of the top leaders of their companies. How many excelled at strategy? How many excelled at execution? … These responses are sobering:
- Only 16% of top leaders were rated very effective at either strategy or execution.
- Only 8% were very effective at both
- 63% were rated neutral or worse on at least one dimension.
These results suggesting 92% of top executives are at risk for losing their jobs?
What should be done?
Senior leaders need help to shore up weaknesses. You can run, but, you can’t hide.
Thought for the week:
“Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious choice and discipline.” – Jim Collins
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