At some point in your career, you may be in a rut, relying on outdated leadership approaches ill-suited to the emergent challenges and dynamics you encounter in your organizations and industries. In other cases, a job change may usher you into an unfamiliar organizational environment or industry, leaving you to rapidly develop the set of competencies you need for success in your new role.

These scenarios will require you to adjust to new cultural norms, decision-making processes and operational dynamics — often with little onboarding or developmental support. The failure rate for leaders attempting to rise to new challenges like these is surprisingly high — as much as 40-50% in certain industries.

If this sounds familiar to you, you are not alone. DDI's Global Leadership forecast, based on surveys of 1,827 human resource professionals and 13,695 leaders from 1,556 organizations worldwide, reports that only 12% of leaders rate themselves as being effective in five critical leadership competencies surveyed. Only 29% of respondents reported that their companies train for these critical skills. Meanwhile, SHRM's Workplace Learning and Development Trends report indicated that 55% of those surveyed believe they need additional training to perform effectively, and 75% of respondents felt that the type and amount of training they want is not what they receive.

These statistics reveal a significant gap when it........

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