Why Women CEOs are 45% more likely to be fired w/ Caren Kenney, CEO Evolve

Published: May 20, 2021, 5 p.m.

b'CEOs and business leaders today must be skilled at more than making a profit. They should be industry thought leaders, savvy at all things digital, expert communicators with employees, media, and investors, and sharply attuned to political issues.\\n\\nAlongside new facets of the job, demand for diversity and inclusion has put more focus on promoting women and people of color into the C-Suite.\\n\\nThis puts corporate America at a crossroads.\\xa0Caren\\xa0Kenney,\\xa0CEO\\xa0of\\xa0Evolve\\xa0Leadership, sees a distinct need for not only promoting women and minorities into the C-Suite\\u2014but\\xa0truly investing in their success once they are there.\\n\\nIt\\u2019s widely reported that 2 out of 5 CEOs fail in the first 18 months and women CEOs are 45% more likely to be fired than their male counterparts. This is destructive!\\xa0Kenney\\u2019s ideas for how to change the tenure of CEOs and business leaders include:\\nHow to make boards accountable for\\xa0CEO\\xa0successHow to better prepare and support women and minority leaders\\xa0who are fast-tracked into senior\\xa0leadership\\xa0rolesHow to approach\\xa0leadership\\xa0development as a \\u201cwhole person, whole life\\u201d equation: health, well-being, family, mental and emotional resilience, executive judgment and decision making, purpose- and character-based\\xa0leadership.'