Home Concepts Managing Stress & Challenges Ignoring the Personal Stress of a Key Executive Could Cost You Millions

Ignoring the Personal Stress of a Key Executive Could Cost You Millions

21 min read
6
0
76

Deeply Personal Stress That Must Remain Hidden

When a person has no reserves left because of physical and emotional energies given to the job, and a significant negative event happens in their personal life, things can go downhill pretty fast if there is no outlet for that pressure.

Based on the research I’ve studied, personal problems have a much greater impact on your financial results than anyone thinks.

Weight of the World on One’s Shoulders

Senior executives I interviewed confided that personal life stressors had a noticeable impact on their work life and that of their colleagues.

Stressors may include:

• Extramarital affairs

• Marriage breakdown and divorce

• A spouse diagnosed with terminal cancer

• A sick child

• A betrayal

• A broken friendship or other poignant loss

• A kid dabbling in drugs or otherwise going off the rails

• Family finances

• Grown children and grandchildren still dependent

• Dealing with aging parents

• Guilt over spending too much time away from home and neglecting the family

• Prolonged grief resulting from a personal tragedy (“Where’s the space and time to grieve?”)

I used to resent the compensation of senior executives.
And then I was one. And then I wasn’t.
And I no longer feel they are over- compensated. Former CFO of a Fortune 100 firm I interviewed

Pages 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Download Article 1K Club
Load More Related Articles
Load More By Mia Doucet
Load More In Managing Stress & Challenges

6 Comments

  1. Brent Green

    October 3, 2018 at 1:18 am

    What Harvard and Yale documentation can you provide? Thanks

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Oiling the Tin Man’s Armor and Healing His Heart IV: Finding Support and Guidance

I focus on ways we can manage the challenges and accompanying stress of contemporary times…