Do you know that 40%+ of new leaders fail within the first 18 months? What can you do to stop the bleeding?
What Is Executive Onboarding?
Executive onboarding is the process that supports new executives in becoming productive quickly in their new environments while being supported by an executive coach.
Why is this important?
Speed to productivity is crucial in today’s business climate. The costs linked to the potential failure of the new executive are significant including the loss of valued employees, customer dissatisfaction and missed marketplace opportunities.
Key Success Factors
A planned, organized and deliberate approach is required to support the effective transition of an executive from one role to another.
During a typical six-month engagement it is important to focus on:
- Learning your boss’ expectations
- Building relationships with key stakeholders
- Learning the real rules of the game in the new culture
- Procuring early wins
- Building your team
- Crafting your strategy
- Learning the specifics of your new business