Tom KrieglsteinFounder, Global Keynote Speaker, Swift Kick Leadership · Founder and Award-Winning Keynote Speaker at Swift Kick Leadership

The secret to successful leadership transitions

Name: The secret to successful leadership transitions
Uploaded: 2024-07-02T02:00:22+00:00
Duration: 44 s
Channel: Tom Krieglstein
Description: In this excerpt, Tom Krieglstein speaks to Johnny about the difficulty and importance of leadership transitions. He notes that while the process may seem…

2 Jul 2024 · 1 min

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In this excerpt, Tom Krieglstein speaks to Johnny about the difficulty and importance of leadership transitions. He notes that while the process may seem straightforward, it can be one of the most challenging experiences for a team. Citing a Harvard Business Review study, he highlights that 60% of transitioning executives fail within the first 18 months, underscoring the high stakes involved. Krieglstein emphasizes that a smooth transition is crucial not only for the executive but for the entire organization, team, or community, and that successfully navigating this process can serve as a hallmark of great leadership.

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Johnny, it's your turn. Here you go. Aw, thanks so much. It might sound easy, but believe me, it can be one of the most challenging processes a team can face. I don't want it. And when done right, it can also be the sign of a great leader. According to a Harvard Business Review study, they found that 60% of transitioning executives fail within the first 18 months of being promoted or hired. This study, this staggering statistic, highlights just how crucial a smooth transition in leadership is, not just for the executives, but for the entire organization, team, or community. How well or how poorly it's done can make or break your group.