Executive transitions are difficult, with failure rates estimated at 40 percent and a new leader often requiring six months or longer to reach breakeven productivity levels. In today’s environment, executive transitions have grown even more challenging. What can be done to de-risk transitions and enable executives to hit the ground running?
To combat failure, defensive tactics are essential, but the top firms also think strategically about opportunities to go on the offensive. With the pandemic amplifying the risk of a rocky start, executive transitions are no longer afterthoughts. The top-performing firms are ensuring that clear transition plans are in place and proactively building bench strength.
To illustrate further, search and leadership advisory experts will share and discuss practical applications of executive transition planning and processes.