CEOs wear the crown, which idiomatically, lies heavy. They are vested with authority (and of course, bear responsibilities) that comes with a very small margin of error. Clearly, they need to be well-adjusted. To ensure this, they must be open to change and have the will and the skill to do so. Professor Manfred Kets de Vries discusses the value of this process and how it plays a part in the annual leadership workshop conducted at INSEAD.
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working paper title: Can CEOs Change? Yes, But Only If They Want To