In a recent survey, nearly one in five managers ranked getting a promotion as their most challenging life event.
One big reason, say researchers at Development Dimensions International (DDI), which conducted the poll of 785 business leaders, is that 40% of managers get little or no support as they enter their new jobs, according to the survey."It's sink or swim," says Matthew Paese, vice president at the Bridgeville, PA-based human resources consulting firm.
Even more managers may express such fears in the near future, as many Baby Boomers retire and leave an even bigger mentoring void for executives on the move.
The business leaders surveyed by DDI ranged from line supervisory staff to those in executive suites, including 400 managers outside the U.S. Promotion was ranked as "most challenging" by 19% of respondents, followed by bereavement (15%), divorce (11%), moving (10%) and managing teenage children (9%).
Source: BusinessWeek, May 14, 2007