It’s common knowledge that the job of a leader–particularly CEOs– has never been more challenging, as well as under increasing scrutiny. Confidence in business and political leaders is at an all time low. What may not be as appreciated as much is how lonely the position is. While many not be inclined to sympathize with CEOs given their generous compensation and benefits, the negative impact this has on a CEO’s performance and the organization is often overlooked.
From multiple perspectives, traditional business models and management practices are in deep trouble, and it has nothing to do with the recent economic downturn. There are three reasons why this is true.
Other than the typical insights of business school gurus or management consultants, are there answers we can look to elsewhere for the malaise that grips our workers and current economic woes? An unlikely source of inspiration for us might be the Trappist monks.