Germane Insights

ON LEADING AND BE-ING HUMAN

Tag: leadership failure

Avoiding the High Cost of Executive Mis-Fits

“Executives are hired on experience and fired on personality.” This well known phrase in the executive search business sums up years of collective experience and the prevailing findings from executive derailment research. Estimates of the financial cost of a single failed manager range from $1,000,000 to 2,700,000. The good news is that there are ways to predict and avoid hiring a poor fit as well as being alert to and addressing early warning signs of problems.

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