Research shows that 64% of CEOs will never reach their fourth anniversary in the job, and 40% will be gone within 18 months. Leadership failures cost U.S. business $14 billion per year, and the rate of turnover at the top has tripled in the past 15 years. In M&A situations the failure rate is even higher when cultures “collide” during the integration process that is essential for deal synergies.

It has been shown that the problem lies not so much in what leaders do as in how they do it. It lies in the fit between the leader’s character and the culture of the organizations(s) for which they have responsibility and through which they must deliver results.