Many executives aspire to the position of CEO, which they see as the pinnacle of their careers. However, the authors of this article, IESE professors José Ramón Pin and Guido Stein, warn that before starting the climb to the top, executives should ask themselves one question: “Is it worth it?”
To answer this question, the authors refer to an annual survey conducted by IESE’s International Research Center on Organizations (IRCO) in collaboration with the public relations and communications firm Burson-Marsteller. The survey of 1,000 Spanish executives and business leaders includes a question that focuses on the reasons for and against becoming a CEO.
Based on the responses given, two main reasons for becoming a CEO can be identified: the possibility of putting one’s own ideas into practice and the challenge and responsibility that go with the position.
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