Hello Leaders,
It’s easy to feel that the hard work and effort of bringing in a new executive ends after the hire has been made. However, since half of all senior-level outside hires fail within the first 18 months on the job (Urbanbound, 2018), this is not the time to let off the accelerator, particularly since 69% of employees are more likely to stay with a company for three years if they experienced great onboarding (SHRM, 2017).
Engaging an effective onboarding coach…
- Invests in the new hire’s success and development immediately. Onboarding coaching is a unique, professional service that sends the message that you are immediately committed to the executive’s success. Comments like “my new company has invested more in me in my first two months here, than my last company did in ten years” proves immediate employee engagement and commitment.
- Ensures transition best practices are applied. Experienced onboarding coaches are skilled at helping new executives find the right early wins that lead to an accelerated time to value – the time it takes to provide more value than what has been “consumed” in coming up to speed. Equally important, coaches understand the importance of identifying and nullifying potential “derailers” that impede otherwise great transitions.
- Gives new hires an unbiased sounding board for new ideas, decisions, and approaches. Bringing their own executive experience, coaches provide an excellent opportunity to vet ideas, iron out issues, and clarify potential new initiatives before introducing them to the organization.
As a result, great onboarding provides exponential return on investment.
Read testimonials, calculate ROI, and access other onboarding tools by exploring other sections of this site.
Thanks for reading and be your best self today! Tad