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As every CEO knows, there is an X factor in leadership that is hard to nail down but essential to successful management.
A significant body of management research has demonstrated that one of the biggest risks to a business is the failure to find the right leaders with the right stuff and put them in the right roles. As a result, over 40 percent of executive hires fail within the first 18 months, and their failure is often due to interpersonal style issues and insensitivities that strain relationships and alienate support.
The “X Factor” in Leadership
Through extensive research of management, psychology, leadership, communication and social action theory,researchers have beene been able to identify this X factor as executive presence. We now know that these are the qualities of leadership that enable executives to inspire commitment, mobilize above-and-beyond effort and elevate organizational performance.