
Discover why 40% of executives fail within 18 months and how Nazemian's Double Diamond Framework - trusted by the World's #1 Executive Coach for two consecutive years - transforms leadership transitions from career-threatening gambles into strategic triumphs.
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When Reed Hastings announced Netflix would split its DVD and streaming services in 2011, the company hemorrhaged 800,000 subscribers within months as its stock plummeted 77%. This wasn't just a product decision gone wrong - it exemplified a leadership transition failure. The shocking reality? Forty percent of executive transitions fail within 18 months, costing organizations millions in direct expenses and incalculable amounts in lost opportunities and damaged reputations. The corporate world's dirty secret is that most "pursuing other opportunities" press releases mask push-outs. Research reveals 52% of CEO departures from major companies are involuntary exits disguised as resignations. The problem is worsening as executive tenures shrink - CEO tenure has dropped from 8.2 years to just 6.1 years, with turnover increasing by nearly 80% since 2003. What's particularly baffling is how organizations allocate resources: 90% of hiring costs go to recruitment while only 10% supports onboarding and transition coaching. Companies willingly pay $300,000 to $1 million to recruit senior executives but balk at spending $50,000 on comprehensive transition support. This imbalance persists despite overwhelming evidence that structured transition support can halve failure rates and cut associated costs by 63%.