You’ve scaled the heights to reach the top job. What will you do next? Domini Stuart looks at what happens after you reach the peak of the c-suite.
On average, the CEO of an Australian company will stay in the job for about five and half years. In the UK, the figure is just under five years; in India, barely over four. Yet a global review carried out by recruitment firm Heidrick & Struggles suggests that only a tiny minority move into an equivalent role when changing jobs. So what happens after you reach the top of the C-suite? “It’s impossible to underestimate the impact of leaving the job,” says Alex Harrison, former CEO of Enterprise Operations at IAG. “It controls everything from how your day is structured to your social interactions. It also satisfies your need for creativity and provides the challenges of risk-taking and decision-making. When that all goes, you’re left with nothing but yourself.”
Executive coach Sue McDonnell, in her work with CEOs and senior executives in Australia and Ireland, has seen many individuals struggle to separate the self from the role.
“In my experience, CEOs receive a lot of external validation,” she says. “That can raise issues around identity – who am I without my corporate role?”
She and Harrison began working together while he was still a CEO.
This story is from the March 2019 edition of The CEO Magazine Asia.
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This story is from the March 2019 edition of The CEO Magazine Asia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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