Article

Prasanna Venkatesh CB
Prasanna Venkatesh CB 4 April 2016

Why CEO's don’t go on a job hunt?

Why CEO's don't go on a job hunt? Read to know more...

Being a CEO of an organization is more than a privilege. It’s a huge responsibility that will have to be shouldered by the person in charge of the office. What looks from outside might seem pretty rosy, but there is more to the title than meets the eye.

In my view, there are three kinds of CEOs.  

  1. New face
  2. Known face
  3. Home face

A new face is not from the pack. He is a person from outside, with immense industrial experience. With plethora of accolades, he is normally brought in by the founder of the firm. This decision is backed by the board of directors and senior management.

A known face is from the pack. He is an insider, who would have spent considerable amount of time with the organization. It is most likely that he is given up votes by many senior executives.

A home face is a son of the soil. Right from its inception, he would have built the organization from the scratch.

There is one common trait all these leaders possess. They don’t spend their time hunting for jobs. They rather invest their time in doing market research, watching future trends and reviewing YoY guidance of their organizations. Be it an outsider or an insider, these leaders are entrusted with  a huge role. To outperform their revenue guidance, to exceed investor expectations and to manage stakeholders is not an ordinary job.

The CEO is like a guard of honor, who takes complete accountability for the performance of his organization. To them, it is a matter of pride to hold their reigns. Moving away from the coveted post takes more than what the title has to offer. No person in office will be willing to give away his position to another opportunity, no matter how enticing it might be.

The reasons could be as follows:

  1. It is a question of reputation
  2. Principles that align well with the organizational goals
  3. It is a test of courage that will have to stand the test of time – More the better.

Surprisingly, our analysis indicates CEOs operate at a completely different wavelength than the rest of their fellow employees. Maybe, that is why they areCEOs. Positions are more than what they seem to be. What else do you think could be the reasons? Please fill in your views…

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