Wednesday, September 10, 2008

Failure For Hire?


There's a good chance that new guy--who might just be your boss--isn't going to last.

According to a new study, almost one in three senior-level executives who come aboard to new companies fail to perform well enough to keep their jobs even after two years. The same applies to one in five of these corporate leaders who are promoted from within the company.

Scott Saslow, executive director at the Institute of Executive Development, said these leaders can be helped.

"There are solutions that work," he said. "However, the main hurdle is the lack of a thoughtful approach and consistency on the part of the organization."

See full Article.