The Importance of LegacySo often over the last twenty years it has been said that many CEOs just cannot invest real time, money and effort into the people piece as their tenures are expected to be short and the core priority has to be shareholder value. The base of the argument is that the average lifespan for many CEOs lies between 24 and 36 months and therefore the focus is forced to be on profit and value generation as this determines the rewards and prosperity of the shareholder and leadership teams.