The Cost Of Leadership Failure
These 3 truths about leadership are important to understand not just because they make for a successful leadership career and joyful experience of work. The fact is there is a staggering financial reality associated with poor leadership that can mean the difference between enterprise success or failure.
Research done by the Center For Creative Leadership indicates that approximately one-third of new managers and executives will fail within 18 months. The cost of those failures can be as much as 5X the executive’s salary.