Onboarding Design
Companies with strong onboarding programs see 2.5 times the profit growth and 1.9 times the profit margin than those without^.
What does a successful onboarding process look like? How can onboarding shift from being a check-the-box exercise that spans only the first few weeks to a longer-term, fulfilling experience for both the organisation and the new executive?
In short, onboarding prepares a new leader to adjust to the social, cultural and professional components of the role. Organisations that are not fully defining and maximising their onboarding programs are putting greater strain on their executives and the business as a whole.
As part of our expertise in the area of leadership transitions, we offer onboarding design consulting to organisations who are interested in improving the onboarding experience and effectiveness of leaders joining their organisation outside as well as for leaders being promoted from within (inboarding).
Executive onboarding is the formal process of getting new leaders adjusted to the social and performance aspects of their new roles quickly and efficiently. It is the process through which new leaders learn the attitudes, knowledge, skills, and behaviours required to perform effectively within an organisation. The greater the degree that organisations can effectively onbooard new leaders into the organisation and prepare them for their new roles, the faster they will be able to successfully contribute to the organisation. While all employees experience some type of orientation, the level required for the leaders in your business is significantly different.
^Boston Consulting Group Study
What is HR’s Role in a New Leader’s Success?
New executives and leaders often struggle with the transition to a new role, especially ones that are hired externally. In many organisations HR is responsible for recruitment, on-boarding and induction of new staff. Whilst there can be a blurred line between HR and...
3 things HR should do before a new leader starts (but often don’t)
Successful on-boarding of leaders involves several areas of a business – a prominent one is HR. Their involvement in the recruitment and on-boarding (or in-boarding) of leaders is crucial and across our coaching and research we regularly see three things that HR do in...
What if 50% of executives hired or promoted didn’t fail within 18 months?
More importantly what if 50% of the executives your organisation hired or promoted didn’t fail within 18 months. It has been over 10 years since Michael Watkins published the results of his research showing that up to 50% of executives and leaders in new roles fail in...
Key Observations from 2015/16 – Leader Transitions
In 2015/16 we coached many leaders as they transitioned into new roles within some great organisations. Let us share some key observations from our work, which may prove valuable for your organisation in 2017. For Organisations: Most of the companies we worked with...