| Abstrakt: |
A new report from La Trobe University highlights the increasing turnover rates of Chief Executive Officers (CEOs) in healthcare organizations. The study found that CEO turnover rates have risen from 14% in 2008 to 18% in 2017 in the private sector in the United States. In Australia, the study discovered that 41 executives held 18 different positions over a two-year period. The consequences of CEO turnover include organizational instability, high financial costs, loss of human capital, and negative effects on staff morale and patient care. The study aimed to identify the reasons for CEO departure and strategies to minimize turnover. The research concluded that the most common factor for CEO departure is organizational issues. [Extracted from the article] |
