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Thursday, February 01, 2007

Why Top CEO's Get Fired

The T+D Blog has an interesting article on some of the real reasons why top CEO's get fired.

According to a four-year study from LeadershipIQ.com, CEO's were fired due to:

  • Mismanaging change (31%)
  • Ignoring customers (28%)
  • Tolerating low performers (27%)
  • Denying reality (23%)
  • Too much talk, not enough action (22%)

BOTTOMLINE: Each of these reasons has one underlying root cause: lack of alignment. When an organization is aligned (for example, by using the Six Disciplines program), goals are articulated, measures put into place, and individual plans are put into place to help insure alignment is taking place (Discipline III. Align Systems).

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