The expression “lonely at the top” describes the situation faced by many in top management positions, as a recent study by Harvard Business Review revealed that 50% of CEOs have reported feeling a sense of loneliness and 61% of them felt that the condition holds them back from delivering their best at work.
EGN also conducted a survey in 2019 through its Singapore office revealing that 30% of senior executives were suffering from executive loneliness. These numbers had doubled to 59% by December 2020 due to the fact that many senior executives then felt isolated due to the pandemic. To make matters worse, over 80% of them were reluctant to talk about their mental health related challenges in their company.
“Senior executives are suffering and falling off the radar. However, due to expectations and the stigma associated with mental health, they do not have the platform to talk about it. These situations may occur as business leaders are continuously demanded to be on top of things by their company and always able to make the right decisions,” said Nick Jonsson, Co-Founder and Managing Director, EGN Singapore.
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