Why CEOs Do not Know Most of the Problems of their Organizations and what to Do about it?
CEOs should know… They should be fully aware of the problems that their organizations are facing at any particular point in time. After all, this is what they are being paid for! And they should not only be aware of all those problems. They should also be able to figure out which of them are causes, which are symptoms and which are only manifestations. They should be able to sort and to prioritize them. And they should be able to figure out solutions for them. They should ultimately need to be able to mobilize the resources they have at their disposal and to guide their organization towards their resolution. Right? Wrong! Despite the fact that CEOs are expected to know all the problems that their organizations are facing, they actually do not. Quite interestingly, they are only aware of a tiny fraction of them! And there are good reasons for this! CEOs are standing at the highest hierarchical level. No doubt, they enjoy a really good view from there. But that comes at a c