One in three newly appointed leaders report a lack of confidence in their first year, a challenge contributing to workforce shortages and executive instability. This leadership gap creates significant operational hurdles for businesses grappling with high turnover, evolving skill demands, rapid technological change, and shifting employee expectations, intensifying pressure to develop and retain capable leaders.
Who Is Affected
A significant leadership mobility period is underway, with 64% of U.S. executives planning to change roles within the next three years, according to LHH research reported by burlingtonfreepress.com. This trend extends to academia, where former Ohio State President Ted Carter was the eighth president or chancellor in the 18-member Big Ten conference to exit in just over a year, as reported by wosu.org.
