Manager failure: Many newly promoted executives struggle and fail because they don't build partnerships with their subordinates and peers, says Manchester Consulting, a Bala Cynwyd, Pa.-based firm. Four in 10 newly promoted managers perform significantly below expectations in the first 18 months in their new positions, resign, or are terminated, according to the survey of 800 human resources managers. Other problems the mangers have include being unclear about what their bosses expect of them, lacking political savvy, taking too long to learn their jobs and not balancing work and family.
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