According to The Corporate Leadership Council, more than 50% of new senior executives fail due to suboptimal integration.
Unfortunately, this often results in a restart, at best, at the 60- to the 90-day mark.
In leadership transitions, there are clear milestones that matter. Nothing is more important or complex than an executive’s integration into a company or tackling a demanding new assignment.
When a CHRO brings on new executive talent, they are investing in leadership that can pay dividends. The cost of a failed hire is 2x the annual salary, not including the significant opportunity costs from internal stakeholders.