No wonder so many people say there’s not enough good talent for the top job. Even some of the managers most qualified to become CEOs don’t want it. A new study by Grant Thornton, the national accounting firm, found that 43% of CFOs don’t want to be CEO of a company one day. While 57% said they would, I found the 43% proportion a particularly high one, especially given that CEOs often make twice as much as their lieutenants in the C-suite.
Has the job gotten that hard? That intense? That scrutinized? I’d say it has. Finding time on some CEOs’ schedules feels like getting an interview with a president. Others, of course, seem to have plenty of time…look no further than Bear Stearns CEO James Cayne’s days golfing and playing bridge in the midst of the firm’s hedge fund meltdown.
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