Companies are bracing for turnover. Trust me, it’s coming. My sources report that with the improving economy, people who have been staying in their jobs, even though dissatisfied, will be leaving . . . and soon.
So here’s the predicament. Four out of 10 newly hired or promoted supervisors, managers, executives, leaders and line staff fail within the first 18 months of starting their new positions. ‘Failing’ includes being fired for performance, performing significantly below expectations, or voluntarily resigning from the new position.
The challenges they face today include:
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