In this episode of Talking Points Chatz, Dave Michels and Dave Danto discuss
the high turnover rates among C-suite executives in various industries,
particularly in the tech sector. They note that numerous high-profile
leaders, including the CEOs of Nice, AWS, Twilio, and Bandwidth.com,
have announced their departures recently. Danto highlights that a record
number of CEO changes have occurred in the US, attributing it to
factors such as the stress of navigating companies through the pandemic
and current economic uncertainties. Michels and Danto explore the impact
of AI, financial instability, geopolitical tensions, and the breakdown
of trust within organizations. They conclude that these challenges are
creating a "perfect storm" of uncertainty and stress, likely making this
high turnover the new normal.
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