School for CEOs co-founder comments on CEO loneliness in Financial Times
4 May 2015
Rhymer Rigby recently published an article in the Financial Times regarding one of the greatest challenges CEOs face today: loneliness.
With the rapid development in technology and globalisation, the isolation experienced in the workplace has become accepted as part of the job for anyone willing to take on such an all-consuming role. Rigby highlights the impact this isolation can have on a CEO’s family, underlining an apparent correlation between divorce rates and performance.
While loneliness can contribute to poor judgement and decision-making, Sir Richard Branson is pictured with his second wife and family in what is viewed to be a stable relationship – an encouraging sign for Virgin’s investors.
Patrick Macdonald, co-founder of the School for CEOs, agrees that family is key to success as a leader. Speaking of CEO peer networks, Patrick Macdonald, co-founder of the School for CEOs, isn't overly optimistic; “CEOs tend not to bare their souls to each other. Whenever I see CEOs clustering together, it’s like watching lions eyeing each other up.”
In the end, Macdonald concludes that “family is the most important thing. If you look after your family, you'll be a better CEO.”
To read the full article, follow this link.
Notes for editors: The School for CEOs is a new approach to senior executive education. It was founded in 2011 by: Patrick Macdonald, Chairman of Reconomy and former Chief Executive of John Menzies plc; and David Sole, business coach and former international rugby captain. The next Runway programme takes place 8 July. The next 2-day residential Vital Few programme will take place on 7/8 October 2015. All programmes are taught in London by accomplished business leaders and expert practitioners, and aim to provide senior businessmen and women with the tools they need to be successful leaders.
For more information and to apply, call 0131 225 5886 or go to www.schoolforceos.com. You can also follow us on twitter @SchoolforCEOs