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CEOs' Perceived Vulnerability and Need for Capability Building
CEOs in private companies often feel vulnerable and unprepared for their roles. They lack the traditional corporate ladder experience of public company CEOs. This creates a need and openness for capability building. Additionally, 75% of private company CEOs in the US are replaced within the private equity holding period. This creates a sense of urgency to perform and avoid being replaced. The appetite for capability building is focused on gaining upfront insight and frameworks to apply in their operating environment.