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I believe the idea is that these individuals are expected to develop themselves through a combination of self-awareness, autonomy, ambition and an environment that promotes growth.

Executives are expected to be mature enough to not need hand holding.

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As I see it if you don't have the self-awareness and feedback gathering skills to understand the things that aren't going well then no amount of "professional development" will help you succeed at a high impact executive role. The CEOs job in that case isn't to fix that but to fire you and then reflect on why they made such a bad hire.

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