"'The No. 1 reason that CEOs leave is company performance. There's a very clear scorecard,' said John Challenger, CEO of Challenger Gray & Christmas in a phone interview."
Challenger, Gray & Christmas News
Original Article: http://fortune.com/2016/06/08/leadership-unpopular-decisions/
How to keep your team on your side, even in difficult times.
"The art of doing the unpopular lies in striking a balance, and mastering that art may become a necessity for more business leaders this year. Ominously, U.S. companies have cut more jobs so far in 2016 than at the same point in any year since 2009, says outplacement firm Challenger Gray & Christmas, and as markets stagnate, investors are... more
"One big reason for the decline? Teens are choosing not to work. 'Teens are not pursuing traditional summer jobs like they used to,' says Challenger. Instead, many of them are volunteering, enrolling in educational programs or doing other things that may pad their college applications, he explains.
"There are also fewer opportunities. 'Restaurants and retail outlets are still hiring teens, but... more
"Through the end of April, CEO departures at all U.S. companies increased by 11.3% from a year ago, according to executive-placement firm Challenger, Gray & Christmas. And executive-search firm SpencerStuart notes that 18 new CEOs took the helm of Standard & Poor’s 500 companies during the first three months of 2016, up from 14 during the same period last year. Gilead Sciences (... more
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"That doesn’t mean it’s easy. The margin of error is slimmer for workers in their 40s and 50s, who may need to continue building retirement accounts, writing tuition checks and supporting aging parents. Because of these obligations, many midlife workers can ill afford to take big pay cuts, part-time work or internships.
'You’re at a point in life where your wages matter,'... more
"As more people live longer, every aspect of the health care sector is poised for growth. And while telemedicine, robotic surgical equipment, and other forms of automation are changing how some health care is delivered, demand for caregivers is going to increase as we commit to providing health care for more of the population—a... more
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