A recent CEB survey of C-suite executives indicates that organizations will require significantly higher performance—23% improvement, on average, in performance ratings— from their executive-level direct reports in the new year. How well are executives prepared to rise to that challenge? Less than 20% of C-suite leaders had confidence their executives could stand the test.
A large part of the problem, our research suggests, has to do with the high failure rate of outside hires. Intuitively, people know it takes longer for outside hires to come up to speed than internal candidates. But our research shows just how dramatic the problem really is.
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To read the original article: For Senior Leaders, Fit Matters More than Skill - Jean Martin - Harvard Business Review
