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Slide 2 A not so admirable position of Slide 3 In times of success Slide 4 Once you are on top Slide 5 When things go down Slide 6 Take the blame, feel the shame Slide 7 Shifting the burden Slide 8 Personifying the failures Slide 9 Just one of many.. Slide 10 Powerless pawn Slide 11 A rising amount of CEO lay offs As the economy continues its volatile ride, chief executive turnover has reached the highest nine-month total on record and is on a pace to surpass the 2006 year-end record. The crisis sure takes its toll. (Challenger, Gray & Christmas, 2007) Slide 12 Short term performance increases that are sometimes observed after CEO successions maye be evidence of self interested behavior. New CEOs cut long term allocations for short term profits, which leads to disatisfying results in the long way. (Harrison & Fiet, 1999) Vicious circle Slide 13 Truly bad leaders should face the consequences Slide 14 Philip Burguieres stepped down from his 450,000-a-year position as CEO because of clinical depression, and contemplated suicide. He explains that the illness is rife among business leaders, and is kept concealed because of the stigma (Marsh, 2007) Pressure keeps growing Slide 15 Controlling everyone is impossible Slide 16 For better or worse Slide 17 Leaders ahead to pave the road Slide 18 Encouragement Slide 19 What is at stake? Slide 20 Failure can be a good thing Slide 21 Go leaders! References available upon request