Research suggests that up to 40% of all executives fail within the first 2 years in a new role, that the cost of replacing a senior executive can exceed 14 times that executive’s salary and that the reasons why executives derail are all connected to the fact that situations change as leaders ascend the organisational hierarchy.
Leadership transitions are amongst the toughest challenges leaders face in their careers. New leaders face an interesting paradox; greater role complexity, visibility and accountability yet little support for learning and coaching. There is a view that how a leader performs during their first 3 – 6 months is a good indication of how they will perform in the longer term.
In the first study of its kind in Australia, my doctoral research project explored leadership transitions, specifically what promotes or inhibits success during the transition period and how the leader and the organisation measure success during and post the transition period.
If you are interested in the findings please contact Ty Wiggins on 0404 010 010 or via email@example.com