Onboarding: Accelerating Leadership
Transitions
In
a typical large company, 25% of the entire management changes each
year. Further, it is estimated that it takes an average of about
six months for a new leader to make a real contribution to a new
organization. Research shows that 40% of executives who fail, do
so within 18 months on the job.
The actions new leaders take during the first
few months on the job can have a significant impact on their success
or failure. Most newly appointed leaders do not receive quality
guidance on how to take charge in their new roles, and many companies
leave these leaders to “sink or swim”. Derailment at
the executive level has a cascading effect that can cause a weakness
in the leadership pipeline.
Transitions are pivotal times because everyone
is expecting change to occur when a new leader takes over. But
they are also periods of vulnerability for new leaders who lack
established working relationships and detailed knowledge of their
role.
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Onboarding
White Paper
Immediately download
this white paper filled with onboarding secrets from
one top executive.
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Executive Development Consulting
has developed an integrated approach for onboarding new leaders
which is based on practical research and experience with leading
companies. Our process helps executives get up to speed in their
new jobs quickly. We provide a focused and systematic model that
delivers a proven return on investment -ROI. While at Johnson & Johnson,
Dr. Bossert conducted an ROI study through an outside independent
research firm of the onboarding services he designed and managed.
The study revealed that the net present value to Johnson & Johnson
of the programs and coaching was $88 million, or a total ROI
of 1400%. Our services include organizational onboarding consultation,
transition coaching and leadership transition workshops. Our
proven process helps new leaders develop a detailed road map
of how to take charge in their new role and reduce the time it
takes to contribute to the business.
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