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Most New CEOs Are Overwhelmed, Say Job Is Harder Than Expected

  • Driving culture change is harder than they thought: Study
  • Only 32% of CEOs said they felt fully prepared for the job
Businessman standing in front of question marks

Illustration: Getty Images

New chief executives, particularly those who are promoted from within, say they feel overwhelmed and unprepared -- especially since they’re increasingly called on to speak out on social issues.

About half of new CEOs say they it’s hard to find time for reflection and to drive culture change. Only about one in three say they felt fully prepared to take the job, according to a survey of 402 sitting CEOs in 11 countries by executive recruiter Egon Zehnder.