No CEO can find a point of balance and then stand still – that’s not even possible on a tightrope. The expectation is that the business must always move forward.
The American CEO walks a tightrope daily…many times blindfolded and without a net. The job of balancing the often-competing interests of a company’s constituents is so challenging that the average lifespan of a newly minted CEO is around five years. Why is it that individuals who have been wildly successful at every other position in their career often fail when they get to the CEO chair?
Joel is founder of American CEO, through which he trains chief executives on a proven approach to the role. He has spent more than 30 years serving as CEO of companies ranging from technology start-ups to public companies. He has twice founded and led companies to nine-figure exits.