Many companies struggle with hiring executives who, despite glowing resumes and interview performances, often falter in real-world scenarios. Studies show that 50% to 70% of leadership hires fail within 18 months, costing companies significantly. To avoid this costly mistake, organizations need to rethink their hiring criteria, moving away from the pursuit of perfect candidates and instead identifying transformational leaders with adaptable skills. By broadening the definition of success in executive searches, companies can enhance their chances of successful leadership placements and reduce turnover.
The right leader is a catalyst, not a title. Rather than locking into overly specific C-suite qualifications, consider the characteristics of transformational leaders that your team genuinely needs.
Accepting that perfection on paper rarely translates into perfection in practice creates opportunities to find strong candidates who bring real, tangible strengths to the table.
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