In fact, recent studies indicate that 30-50% of newly hired leaders fail and leave within 18 months. Failure to establish key relationships and failure to align with company culture are indicated as leading factors that derail new executives early in their leadership roles.
Executive onboarding is far too important to leave to chance. The stakes are high for the individuals and the corporations involved. The impact on revenues, employee morale and the company’s corporate image when an executive fails in a newly-assigned role are felt by the organization long after the executive has departed.
Onboarding, not orientation.
Onboarding is not the same as orientation. Consider whether your organization’s internal process achieves the following:
- Identifies executives’ strengths and developmental areas, and ensures they have the key competencies for success
- Brings role clarity
- Accelerates integration with organizational culture, strategy, and leadership team
- Maps key relationships
- Delivers critically timed feedback from key stakeholders
- Offers counsel on goal identification
- Provides early warning indicators and hazard avoidance
The Solution for Success
Our Onboarding services pick up where the executive search process ends, and help organizations integrate new executives in a more structured and effective way. Focusing on the early stages of an executive’s tenure, we reduce the time it takes for new executives to start making a meaningful impact, and maximize the leader's personal engagement with the organization and culture. We believe in customizing our program to our clients needs and work with new hires and internal promotions.
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