A recent study by BusinessFinancing.co.uk has identified the cities and countries across the world with the longest-serving CEOs. Seven European cities made it to the top 20 list, with the Greek city of Thessaloniki taking the lead with a median CEO tenure of 9.5 years. Other European cities such as Braga in Portugal, Chemnitz in Germany, and several cities in the United Kingdom also ranked high on the list.
The study also highlighted the importance of successful CEOs having a strong, achievable vision and strategy for their company, as well as being focused in the moment to connect better with their teams and get more done. As the demands on CEOs continue to increase, it is crucial for them to look after themselves to avoid burnout and stress.
Internal hiring was also highlighted as a key factor in CEO success, with countries like France, the United States, and others having a high percentage of internally promoted CEOs. Additionally, knowing when it’s time to leave and having a solid succession plan in place are essential for a CEO’s success and strong legacy.
Overall, the study provides valuable insights into the factors that contribute to CEO longevity and success in different cities and countries across the world.
Source
Photo credit www.euronews.com
