Member-only story
The Great Incompetence Trickle-Down
Cool story here on “what CEOs are afraid of,” based on data from 116 CEOs and other executives (including 27 in-depth interviews afterwards). 116 isn’t a lot of people by any means — there are over 2 million CEOs/top executives in the United States alone — but nonetheless, it’s interesting. Getting “an in-depth interview” with a CEO is a pseudo-big deal in the sense that they often are very pressed for time, and they don’t often sit down and really talk about their fears and emotions. (Sidebar: I have this theory about that. A couple of months ago I went to an F1 race and got to sit in a box with a bunch of CEOs. These are guys that wouldn’t give me the time of day if I tried to get a business meeting with them. But in that box, they seemed to really like me and we were shooting the shit and talking about life and drinking. Why? I think it’s because they spend so much of their week getting approached by people who need something from them or need an immediate answer or whatever … that the ability to sit down and really just talk about actual stuff is kind of refreshing.)
Anyway, what did we learn from the CEO interviews/survey/in-depth discussions?
- The biggest fear among CEOs and top executives was incompetence, or being seen as an imposter.