World politics
fromFast Company
19 hours agoWe've entered a new era of risk for the modern CEO
Most CEOs are unprepared for crises like Taiwan Strait tensions due to a narrow focus on geoeconomic risks.
A leader who has ascended to the level of CEO contender is likely a high performer with broad institutional knowledge and deep relationships, both inside and outside the firm. Such a star walking out the door can scramble organizational operations, ruin team morale, and dent a company's bottom line. Top executive turnover typically costs many multiples of the person's annual salary.