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Far-reaching study that began in 2006 about how CEOs spend their time is detailed here, and lest you think they’re true workaholic world-builders, the average was 62.9 hours/week (that is a lot, and more than the hard ceiling of 55 hours/productivity), and the average per day was about 9.7 for a weekday — and then they do about 2.4 hours of work on weekends. I don’t really see the 2.4 as being that big; I sometimes do 2.4 hours/work on a weekend, and I ain’t running no global company. That just means waking up at 7 and being done around 9:30. Big whoop.
There’s a few parts down near the bottom of the article that should be troubling, including:
- 46% of a CEO’s time with internal constituencies was spent with one or more direct reports, and 21% of it was spent only with direct reports.
- The total time spent with direct reports ranged from a low of 32% of time with internal constituencies to a high of 67%.
- They spent less time with lower-level managers (14%, on average) and even less time with rank-and-file employees (about 6%, on average).
The study then even goes and says:
CEOs face a real risk of operating in a bubble and never seeing the actual world their workers face. Relationships with employees at multiple levels…