Nov 2022
5m 46s
The common problem I solve is twofold:
1. Only 5% of companies have a leader development strategy, because most companies don’t have this competency on staff.
2. 60% of first-time leaders fail
I have a phrase that sums up why 60% of first-time leaders fail. I call it:
“Get rid of your best people and wreck your culture, in 3 easy steps”
The 3 steps of first-time leader failure, often goes like this:
1. A top individual contributor is selected and promoted to leader, without any assessment
2. The first-time leader is not trained or receives improper training
3. Without the necessary assessment and training, often the first-time leader will fail and choose to leave their organization, rather than face the career long embarrassment of returning to their pre-promotion role.
Are you prepared to lead people? Find Out
Treat people like they make a difference and they will.
Enroll in the First-Time Leader Development Program
Timothy Dean Smith
Leadership Speaker, Coach, Podcast Host
www.tdspi.com
tds@tdspi.com
(607) 221-6191
Thank you for listening.