The New Executive: Protecting Against Failure
TweetForty percent of executives in new roles fail or exit between six months and one year. (Elbin, Scott. The Next Level: What Insiders Know About Executive Success) At six years the retention rate is a slim 40%. The cost to the company is at least $500,000. Major reasons for failure include:
- Inadequate relationship building
- Not understanding the culture
- Lack of clarity about explicit ... Read more »
