What percentage of externally hired executives in the private sector fail within the first 18 months?
A) less than 15%
B) over 50%
C) nearly 25%
D) up to 40%

Question

Quizplus · Accepted Answer

D) Although considerable time, effort, and money are spent recruiting top talent, companies often do a poor job of onboarding new executives. As a result, up to 40 percent of externally hired executives in the private sector fail within the first 18 months and many others who are recruited from outside the firm leave within five years.

What Percentage of Externally Hired Executives in the Private Sector