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CEOs also have the blues

Author: Kets de Vries, Manfred F. R. ; Vitry d'Avaucourt, Raoul (de)INSEAD Area: Entrepreneurship and Family EnterpriseIn: European Management Journal, vol. 12, no. 3, 1994 Language: EnglishDescription: p.259-264.Type of document: INSEAD ArticleNote: Please ask us for this itemAbstract: Many middle-aged CEOs feel they have been in the job too long, but fear the alternative - they experience the "blues". Manfred Kets de Vries explores the question of wether there is an optimum time for a CEO to be effective in the job, and if there is such a thing as a life-cycle for CEOs. Conceptually, CEOs can be said to pass through three stages while in the job - experimentation, consolidation and decline (the last might be short-circuited by renewal). Advice is given to CEOs who find themselves stuck in the third stage and fearful of no longer being effective
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Many middle-aged CEOs feel they have been in the job too long, but fear the alternative - they experience the "blues". Manfred Kets de Vries explores the question of wether there is an optimum time for a CEO to be effective in the job, and if there is such a thing as a life-cycle for CEOs. Conceptually, CEOs can be said to pass through three stages while in the job - experimentation, consolidation and decline (the last might be short-circuited by renewal). Advice is given to CEOs who find themselves stuck in the third stage and fearful of no longer being effective

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