CEO shortages | Is this YOUR chance to step up?

An exodus of CEOs could be on the cards, as new research has revealed that 20% of CEOs are unhappy in their current role and ready to move on.

And they’re not the only members of the C-Suite to be feeling restless. The research by Barnett Waddingham also found that 26% of senior decision-makers are unhappy in their roles, with half of these looking to leave. Within SMEs, the number of senior decision-makers thinking about leaving rises to 33%, with one in six looking to move on.

Emerging trend

This new research speaks to an emerging leadership trend; on 28th June, we reported in Grapevine Leaders on a new Deloitte report – which chimes with this – suggesting that 70% of the C-Suite are considering leaving their job. The Deloitte research pointed the finger at the struggle experienced by the C-Suite in juggling the demands of their job with the current disruptive economic climate. While the ‘Great Resignation’ has led to a lot of movement within the job market, with workers moving jobs in search of higher wage packets and improved flexibility, both sets of research into the behaviour of senior executive suggest that the motivation for wanting to leave isn’t solely connected to reward.

David Collington, Principal at Barnett Waddingham, said that their research represents “a clear shift in employee expectations within the workplace since the pandemic, with a sizeable proportion of SDMs looking to leave their jobs whether happy or not. It is critical that the reasons behind these results are investigated before businesses experience drastic turnover and uncertainty at the helm.”