Two out of every five CEOs fail in the first 18 months
(Harvard Business Review, January 2005). Recent
corporate bankruptcies reveal that some CEOs fail on
such a scale as to bring down the company with them.
Even the most honored, effective and acclaimed leaders
go through periods of uncertainty, frustration and failure.
These periods can be triggered by both professional and
personal events: coping with a bad boss, going through
a divorce, taking over a demanding new assignment,
living abroad with minimal headquarters contact and
many others.
However, this time can be one of great personal growth
and learning in developing the executive's leadership
style and effectiveness. Predictable and intense life
passages pave the way for moving to the next level
in a successful leader's career.
For the business case on why leaders in new positions
fail, go to: http://home.att.net/~coachthee/next/index.html
John G. Agno
Certified Executive & Business Coach
Source: Leadership Passages: The Personal and
Professional Transitions that Make or Break a Leader,
by David L. Dotlich, James L. Noel and Norman Walker
(Jossey-Bass)