Rising to Power: Why So Many Executives Fail and How to Avoid the Pitfalls

Have you ever promoted someone in your organization with stellar performance to a senior position? Or maybe you’ve hired someone who has an outstanding track record in other organizations? And then that person failed – failed BIG TIME – in the new role? Why does this happen in companies all across America every day? My guest on this episode of Talking Business Now is Ron Carucci. Ron has a new book out called "Rising to Power: The Journey of Exceptional Executives."It’s the result of a ground-breaking 10-year study on executive transition—and it comes to some surprising conclusions about why so many executives fail—and on how fast they fail. Ron shares with us why that happens and how your organization can avoid those landmines. Here are a few of the insights you'll gain from listening to this episode: ■ Why 50% of leaders fail within the first 18 months ■ The 4 characteristics that set successful leaders apart ■ How organizations can prepare newly appointed executives for their new position ■ Tips for startup founders who have big ideas but who aren't seasoned leaders—how to lead their organization from startup to grown up ■ The most important thing business leaders should be Talking Business Now about in 2019 Carucci is the co-founder and managing partner at Navalent, where he works with CEOs and executives in more than 25 countries to tackle strategy, organization and leadership challenges.  In addition to being a regular contributor to HBR and Forbes, Carucci has been featured in Fortune, CEO Magazine, BusinessInsider, MSNBC, Inc, Business Week and Smart Business. Connect with Ron Carucci: Linked In: https://www.linkedin.com/company/navalent/ Twitter: @roncarucci   Learn more about your ad choices. Visit megaphone.fm/adchoices