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- Corporate Executive Board (CEB) estimates that 50% to 70% of executives fail within 18 months of taking on a role, regardless of whether they were an external hire or promoted from within.
- A survey of 2600 Fortune 1000 executives conducted by Navalent found that 76% executives said that formal development processes were inadequate.
- Research by McKinsey Senior Partners Mary Meaney and Scott Keller also reveals that three-quarters of executives consider themselves unprepared for the position.
Source: Forbes
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