This could apply to any football team but, for me, I've seen it first hand at Liverpool FC. In 2017, we bought Naby Keita from RB Leipzig for £47 million. It was a lot of money compared to Liverpool's previous transfers and at a time when we were only dreaming of being a great and successful team again.
I didn't know much about Naby but the buzz surrounding his transfer made me positive about what we could expect. The team has been hugely successful during the last 2 seasons and yet, Naby has only just started to come into his own and show us all why Klopp decided to invest so much money. In truth, I have heard a lot of supporters around me at Anfield writing Naby off and wincing every time he was coming on as a substitute.
Seeing this situation unfold into Keita being described as "world class" and "undroppable", got me thinking about expensive leaders that our clients have recruited but who have failed to impress early during their tenure.
Many companies believe expensive leaders should perform as soon as they walk through the door. How often have you seen quick exits?
Imagine what could have happened if you had been patient and invested in their development!
A record number of chief executives left their positions this year, according to a report from career tracking firm Challenger, Gray and Christmas. Nearly 1,500 CEOs departed their posts between January and November 2019 — a 12% increase compared to the same time period last year. It's the highest year-to-date total since the company began tracking the trend in 2002. Andrew Challenger, vice president of the firm, said that there were several factors for the departures. "A strong economy and high demand for C-level skills are attracting CEOs to new positions," he said. He also cited the "ongoing uncertainty surrounding trade and regulations while emerging technologies continue to disrupt almost every industry" as a factor.