Many firms invest significantly in recruiting the best candidate for a specific position - and then leave them to sink or swim. The result - the failure rate of 30% or more in the first 18 months.
This piece from Spencer Stuart looks at the importance of supporting new hires even at the most senior levels.
Companies invest a great deal in finding and developing leaders for top roles, but too often those investments are put at risk because little attention is paid to the transition period. By understanding the typical cadence of a transition and attacking their transition with a rigorous and structured process, new executives can accelerate their onboarding and become effective much more quickly.