Will your new leaders be successful? Can you integrate them into the organization? How can you help them get up to speed?
Integration of newly hired senior executives into their organizations ("onboarding") is an area of increased focus for quite a number of leading international corporations. In our recently conducted
Global Talent Management Survey we found that this is a critical factor in successful talent management. Other studies have shown that external hires are especially vulnerable to failure during the first 12 months of their tenure.
Our experience has shown that many companies do not pay enough attention to this issue, and neglect the potential destruction of value involved in losing a senior executive, especially an external hire. In practice we frequently find that the gap between a new hire’s expectations and reality is enormous.
Seizing the window of opportunity
This is especially true when major changes are necessary: an external hire, someone who can break with tradition, may be expected to work miracles. On the other hand, the externally hired manager can easily develop an inaccurate perception of the environment he will move into. Studies show that a new leader’s first 90 days are critical to winning over the organization, and getting the support necessary to carry out radical changes over the next six to twelve months.
Getting your new hires up to speed
Egon Zehnder International has developed a rigorous and practical onboarding methodology, which can help integrate new leaders into their new role more effectively, leveraging our insight into the
competencies and behaviors that are critical to succeed in the first three months. Through a thorough three-month approach, we help the new hire to grow into his or her role and provide “course correction” information to manage the risk of taking on a new and challenging role. We also provide a final summary containing a detailed analysis of the results achieved, and the next steps to be taken.
Are you interested in learning more about integrating leaders?
Our consultants would be pleased to discuss our onboarding approach with you.
