Episode description

Would it surprise you to learn that 40% of executive transitions fail during the first 18 months? These can work out to be expensive failures. So, what can L&D do to ensure a more successful transition? In this episode, Navid Nazemian, author of Masting Executive Transitions shares insights and practical steps that organisations can take.

KEY TAKEAWAYS

•  The ripple effect means that every executive transition failure costs about 10 to 30 times their salary.
• Most executives get no extra support or training when they transition.
• The failure rate between internal and external hires is not that different.
• Navigating politics (organizational diplomacy) is a challenge. Providing an honest roadmap helps.
• Someone needs to sit down with the executive and map out the stakeholders in detail.
• Hiring a transition coach is a worthwhile investment.
• Ask each executive what areas they need the most help with.

BEST MOMENTS
'Soft skills are only soft when they are out of context. '
'The theory behind what an executive does is as different as it could possibly be to the actual experience.'
'Less than 10% is spent on making that same hire successful. '

Navid Nazemian Bio
When it comes to executive transitions, award-winning author Navid Nazemian speaks with an authority that is grounded in research and complemented by authentically demonstrated experience. His ICF-accredited coach education took him on a three-year journey across three continents in Europe, Africa, and America. 
Working with over 100 C-level coaching clients worldwide, Navid distils key insights, guidance, and coaching for maximizing leadership impact in Mastering Executive Transitions: The Definitive Guide. Using strategies designed to avoid and overcome obstacles quickly, Nazemian has helped numerous coaching clients to successfully eliminate unproductive actions and solve their toughest, most complex transition challenges.
In 2022, Navid was awarded the global winner of Coach of the Year by CEO Today and HR Most Influential Practitioner by HR Magazine.
You can follow and connect with Navid via:
LinkedIn: https://www.linkedin.com/in/navidnazemian/
Mastering Executive Transitions: The Definitive Guide: https://www.masteringexecutivetransitions.com

VALUABLE RESOURCES
The Learning And Development Podcast - https://podcasts.apple.com/gb/podcast/the-learning-development-podcast/id1466927523
L&D Master Class Series: https://360learning.com/blog/l-and-d-masterclass-home/

ABOUT THE HOST

David James 
David has been a People Development professional for more than 20 years, most notably as Director of Talent, Learning & OD for The Walt Disney Company across Europe, the Middle East & Africa. 
As well as being the Chief Learning Officer at 360Learning, David is a prominent writer and speaker on topics around modern and digital L&D. 

CONTACT METHOD 

• Twitter:  https://twitter.com/davidinlearning/
• LinkedIn: https://www.linkedin.com/in/davidjameslinkedin/ 
• L&D Collective: https://360learning.com/the-l-and-d-collective/
• Blog: https://360learning.com/blog/
• L&D Master Class Series: https://360learning.com/blog/l-and-d-masterclass-home/