Executive Onboarding /
Executive Assimilation
Executive onboarding or executive
assimilation is becoming increasingly important in today's marketplace. Executive
onboarding is the process that supports new executives in becoming
productive quickly in their new environments. Supported by an
executive
coach who specializes in this area, the executive is
guided through a structured process that helps her/him to focus on the
right activities in the right ways during their first few months on the job
so that he or she is working in concert with their boss, setting the right
direction for their team and making significant progress towards the most
important deliverables.
The Executive Onboarding Crisis
To enhance competitiveness
many organizations are hiring new outside executives or relocating an
executive from one function or geography to another location.
Unfortunately, many of these new executives are not meeting corporate expectations
and are often forced to leave the organization after a very short period of
time. Some companies estimate a failure rate as high as a 50%.
Challenges in Executive
Onboarding
Complexity coupled with speed
of change often forces new leaders to need to succeed before they acquire
the requisite skill set. Research from the Harvard Business Review
indicates that it takes a new mid-level manager at least 6.2 months to
reach the break even point even in an organization where they are a good
fit and have a good chance of success. According to ExecGlobal search
executive Carl Wellenstein, the actual costs incurred from poor executive selection
is incalculable.
Job fit and culture fit are
key success factors that significantly influence whether new hires will meet
corporate expectations. The challenge is not just with senior executives; shifts
in organizational size, focus and complexity are also creating more key roles
for mid managers who are critical in helping companies maintain their
competitive edge.
Successful Executive
Onboarding
In our experience,
comprehensive
talent
management that includes eligibility (sourcing and recruiting), sustainability (informed objective selection) and development are critical success
factors in assuring executive success and assimilation. In order to aid new
executives successfully engaging with the business, its customers and its
people, the new executive will perform well and more quickly if she or he
is actively supported in focusing
on the right activities in the right ways during their initial months on
the job. Clearly, a coaching program focused on successful onboarding which
covers the first 3-6 months is critical to new executive effectiveness.
Our Approach to Executive
Onboarding
Our executive onboarding
coaching approach supports executives in assimilating themselves quickly and
successfully into the new culture. The result: the organization gets the
productivity it needs. Our program helps new leaders answer the questions, "You're in charge, now what?" and
"What is the most effective action I should take?" Our program design is simple, effective and results-oriented,
so that the new executive is quickly assimilated into productive action.
Resources
In Action 90 Day Executive Onboarding System
Day 1
- Making Connections with the Right People
- Learning Specifics of the Business
- Obtaining Clarification of Expectations
- Clarifying and Understanding Cultural Identity
- Identifying Key Job Fit Issues at this Level
Month 1
- Identifying learning priorities
- Identifying executive's risk profile
- Identifying cultural alignment issues
- Identifying corporate job expectations and
devising 90 day strategies
- Attaining clarity of relations with the boss
- Investigating team restructuring issues
Month 2
- Identifying early wins to help develop a
successful job pattern
- Attaining consensus on "A" item priorities
- Finalizing 90 day job strategy
- Clarifying job expectations and resource
requirements with your boss
Month 3
- Post 90 day strategy is clear
- Shared vision articulated and team
engagement/alignment is agreed upon
- Action plans are in place to support execution of
early wins
- Alliances are in place to support early wins
- A plan for re-structuring the team has been
formulated and agreed upon with HR and Corporate
- A comprehensive plan for organizational architecture is in place
- Regular and effective communication with peers
and superiors is agreed upon and implemented
For more information,
contact us or read recent posts in the
Resources in Action blog that address
Executive On Boarding. |