Of First-Time leaders feel frustrated, anxious and uncertain about their role and at least half of executive transitions fail, according to Gallup research.
Of frontline leaders say they have never received any training or preparation for their manager/leadership role. They have never received any training or preparation for the role and two-thirds of frontline leaders felt unprepared for the role.
10,000 per month
As of September 2021, almost 10,000 baby boomers in manager or leadership roles are retiring each month from the work force.
The U.S. Bureau of Labor projects in June the U.S. will hit an all-time high of 10.1 million job openings and 35% of these roles will be for managers and leaders. Bureau of Labor Statistics anticipates well over half of these leadership positions will be filled by first time leaders.
It might seem insignificant at the time, but it can have a profound impact on how the direct report feels and what they do. If that hallway conversation goes poorly, the team member can feel disengaged, frustrated, or even angry.
Ask yourself: How are you preparing leaders to deal with the critical leadership moments they face each day? What are the core skills needed to maximize their impact each minute?