How business leaders take charge in new roles

Auteur: Elsner, Richard
Auteur: Farrands, Bridget
Editeur: Kogan Page
Publication: 2012
Edition n°:
ISBN: 978-0-74946692-3
e-ISBN:
 
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In a working life of 35 years, a manager can expect to make at least 10 job changes - or 10 transitions - where the demands for rapid business delivery and effective leadership will only increase with each new job. According to recent research, upwards of 25 per cent of new leaders appointed from within fail within 18 months; the figure is closer to 40 per cent for new leaders appointed from outside the company or sector. The cost to both the individual manager and the company of this rate of failure is high, ranging from financial to performance to organizational disruption. This book identifies the sources of these failures and how to overcome them. The authors show that, whether the new leader has arrived as an external appointment or has been promoted internally, the experiences are very similar and can be divided into three phases: Arriving, Surviving and Thriving. By analysing the different features of the leader's experience at each of these stages, the authors are able to provide a strategy for leaders to take charge successfully in their new roles.

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