Warning Signs Your CEO May be on the Way Out

CEO tenure is on shaky ground. Changes at the top impact you and your organization, and create uncertainty for your employees. Research conducted by Drake Beam Morin identified the following warning signs that CEOs may be on the way out:

• An industry shakeup that leads to major organizational shifts
• Stock or financial performance that lags behind industry
• Negative fallout caused by an acquisition or merger
• Personal feelings of being less efficient or burned out
• Strained relations or poor communication with board members
• Poor communication/disclosure of information
• Lack of speed in embracing change
• Inability to create and implement vision and strategic objectives of the board
• Failure to implement competitive business strategy
• No Internet strategy

SOURCE: Drake Beam Morin, which provides services in employee selection, development, retention and transition. Drake Beam Morin is a subsidiary of Harcourt, Inc.