Corporate leaders should always be at the top of their game—stagnation is not an option. As recent high-profile departures have demonstrated, boards are increasingly intolerant of failure. In the last six months of 2015 alone, 15 of the top S&P/ ASX 100 companies faced leadership change.

 

Yet some CEOs still believe they have no more to learn. Even those who support development for other executives can fail to see why they need to change too.

 

Unfortunately, no high-level executive is armed with every skill, capability, and behaviour required to deal with the myriad challenges of being a CEO, and any limitations will ultimately be exposed and punished.

Being self-aware and proactive about the need to keep learning is essential for leaders wishing to beat the survival odds. It not only improves their own performance; it lifts that of their leadership team and the overall organisation.

 

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