Episode 88 - Why New Leaders Fail
New leaders struggle and it is costing companies millions of dollars. Nearly 60% of new leaders fail within 18 months, which costs millions per year in lost productivity. It's not just the cost to replace them that hurts, but also the impact their failure has on other employees' performance. Companies can do something about this problem by preparing high-performing employees for leadership roles with coaching and training programs before they are promoted into management positions. We discuss how in this week's episode: "Why New Leaders Struggle".