Reason behind why leaders resign from an Organisation!
1. Personal Reasons: Health concerns, family commitments, or a desire for a better work-life balance.
2. New Opportunities: A more attractive role elsewhere, such as a promotion, better compensation, or a more exciting project.
3. Strategic Differences: Disagreements with the board or other executives over the direction or strategy of the organization.
4. Organizational Performance: If the organization is underperforming or experiencing financial issues, a leader might step down due to internal or external pressures.
5. Corporate Culture Misalignment: Frustration with the company’s values, politics, or decision-making process.
6. Succession Planning: Some leaders resign to make way for new leadership as part of a planned succession process.
7. Scandals or Controversy: Leaders may resign to take accountability or distance themselves from a public relations crisis or controversy.
8. Burnout: The demands of the role can lead to exhaustion, prompting a leader to step down for mental or physical health reasons.
Each resignation is usually influenced by a mix of these factors.
#Growth
Solution Consultant @ Kinaxis | IIM Calcutta
10moTrue that! 😉