Becky Scherr and Michael Brodkorb sit down with Lars Leafblad of Ballinger Leafblad, one of Minnesota’s top executive search leaders, to talk about a leadership crisis hiding in plain sight.
60% since 2020 sounds dramatic but if you break it down into compounding rates that's 14% turnover annually for 6 years, or an average tenure of 7 years. Without another 6-year period to compare it to it's impossible to say if that's higher than usual. A basic search finds average CEO tenure of 5-7 years for both nonprofit and for profit organizations.
60% since 2020 sounds dramatic but if you break it down into compounding rates that's 14% turnover annually for 6 years, or an average tenure of 7 years. Without another 6-year period to compare it to it's impossible to say if that's higher than usual. A basic search finds average CEO tenure of 5-7 years for both nonprofit and for profit organizations.