What is the biggest mistake CEOs make?

One of the biggest mistakes CEOs make is related to hiring and scaling. As Reid Hoffman explains, CEOs often struggle with the cadence of hiring external senior roles while promoting from within. This is crucial for maintaining a balance between internal culture and bringing in fresh, diverse talent. Relying solely on internal promotions can lead to blind spots, while not promoting from within can cause cultural issues. CEOs need to find the right mix to adapt and scale effectively 1