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Forbes: CEO mental health: how executive therapy benefits leaders

01 Jul 2024
CEOs mental health is often an afterthought.

Originally found at Forbes

As CEO, pivotal responsibilities such as client acquisition, growing the brand, driving innovation, focusing on global expansion, representing the company to stakeholders, and serving as the company's public face are a few of the critical responsibilities of being a CEO. With these responsibilities and a plethora of others not mentioned, it shouldn't come as a shock that the average workweek of a CEO consists of 62.5 hours.

With those standard responsibilities on top of current modern issues such as the uncertain economic climate, remote work, artificial intelligence, and talent recruitment and retention—executive stress is likely only to compound and magnify. The C-suite as a whole is a prime environment for stress and burnout. A popular Deloitte and Workplace Intelligence survey revealed that 75% of executives seriously considered quitting their jobs for better well-being support. Specifically for CEOs, a record number of 622 CEOs left their positions during the first quarter of 2024. One of the main culprits is stress and a slow eroding of mental health.

...as the Academy of Management Discoveries shared, firms with CEOs undergoing relational troubles can pose significant economic ramifications due to underperformance.


Continue reading the original article at Forbes.

Read the original research in Academy of Management Discoveries.

Read the Academy of Management Insights summary.

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