PwC has examined CEO turnover rates, as well as incoming and outgoing CEOs, at the world’s 2,500 largest public companies, and estimates it results in a combined US$112 billion in value, which works out to US$1.8 billion per company, more than would have been lost if those boardroom successions had been planned. Photo: Reuters

Think twice before forcing change at the top of a company

Always be ready for the day when the person running the business, the figurehead and the person everyone looks up to, is told they are no longer welcome at the boardroom table

Topic |   Management

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PwC has examined CEO turnover rates, as well as incoming and outgoing CEOs, at the world’s 2,500 largest public companies, and estimates it results in a combined US$112 billion in value, which works out to US$1.8 billion per company, more than would have been lost if those boardroom successions had been planned. Photo: Reuters
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