Thanks to the pandemic, business leaders have more on their plates than ever. The extra strain imposed by new concerns, such as managing remote teams and addressing the physical and mental health ramifications of the Covid crisis on employees, is starting to tell.
Of the 1,000 HR directors polled in a survey by HiBob and Fiverr in the US last month, 46% reported that managers and directors were leaving their firms at a faster rate than entry-level employees, highlighting how the great resignation is manifesting itself in the upper echelons of business.
Talent strategy consultancy the Chemistry Group has got through more work on senior leadership in the past 12 months than it did in the previous four years combined. Demand from clients for a better understanding of leaders and the issues they are facing is “going through the roof”, according to its founder and director, Roger Philby.