Establishing a platform for success and accelerating time to value.
Studies show it typically takes new leaders six plus months to add more value than they consume from their organization. TAP cuts this time in half by employing "The TAP Success Engine." A highly customizable, onboarding process, TAP supports newly hired and promoted executives and managers by identifying pivitol points, applying theory to practice and creating a blueprint for success.
During TAP, leaders plan for, manage and excel in key areas, called turning points, including: reconnaissance, new leader launch, initial plan, identify and invest in early wins, draft a blueprint for the future and staff assessment.
TAP Supports:
- Executives and Senior Leaders
- Recently Promoted Leaders
- First Time Managers
- High Potential Employees
- Performance Gap Situations
- Newly Hired Leaders
What We Do
- ANALYZE - Using feedback from a variety of sources, we articulate and share strategies which the new hire or promoted executive can apply immediately in their new role.
- EXECUTE - Create a plan with execution designed to add immediate value to the Company.
- COACH - Provide coaching to avoid the pitfalls that maximize value creation and derail a speedy onboarding.
ENVISION - Lead a culminating “think tank” conversation to discuss and provide feedback for the executive’s initiatives’ next steps.
Why We Do It
- SPEED - We accelerate the time for newly hired leaders to begin creating more value than they consume.
- VALIDATION - TAP executives report a world-class onboarding experience that validates their choice of company and position.
- IMPACT - Past participants have realized results more quickly and effectively than non-participants.
- ROI - Three month savings in compensation on average. Early win initiatives are aligned with organization and hiring manager goals and expectations.
Use Cases
Use Case 1: New CFO
Situation: PE portfolio company in the middle of an acquisition hires an experienced CFO from an adjacent industry. CEO wants CFO to quickly analyze the existing strengths of the Finance team and recommend a go-forward structure.
Early Win Results:
- Completed and upgraded Q and E report to support merger
- Traveled extensively to company locations to listen intently to staff, CEO and other members of the senior team
- Improved cash forecasting model
- Implemented an organizational design aligned with company strategy
- Provided initial staff assessment including an immediate change needed
CFO Compensation Savings:
$54K (3 months of $240K - $6K fee)
Use Case 2: New COO
Situation: COO hired to consolidate redundant operations, stabilize EH&S concerns and issues and improve operating results.
Early Win Results:
- ISO 14000 Certification attained
- Compliance measures accomplished
- Cost reduction targets successfully implemented
- KPI process implemented throughout company
COO Compensation Savings:
$69K (3 months of $300K - $6K fee)
Use Case 3: New CEO
Situation: CEO hired to establish efficiencies among newly merged businesses, improve product offerings and revenue generation capabilities of high margin industrial business.
Early Win Results:
- Led acquisition of complimentary business increasing company EBITDA
- Launched successful (and morale improving) cross-business redesign initiative of core processes using company resources
- Established core operating principles across all businesses
- Clarified 'decision rights' among senior team members
CEO Compensation Savings:
$114K (3 months of $480K - $6K fee)
Client & Participant Perspectives
“At a past company I was assigned an executive coach who helped with the relationship side of the engagement but did not focus on early work-plans and early wins.” - TAP Participant
“It ensures structure as the new employee comes on board, focusing on ensuring a project plan exists and we focus on the right stuff. Gets all team members on the same page.” - TAP Client
“Far superior to other on-boarding experiences. Ownership of the process; thought put into the process; syllabus; interpersonal emphasis; meaningfulness to my boss and company.” - TAP Participant
“The overall structure simply forced a plan to be developed, thought through and enhanced. This made what could be an challenging and unclear situation much easier to see and understand, and therefore increased the likelihood of success.” - TAP Client
“The objectives were helpful, but the best part was the initial discussion with my boss where we really talked about the characteristics that we liked in supervisors and subordinates. This help set the stage for behaviors I needed to repeat and others I needed to avoid.” - TAP Participant
“It ensures structure as the new employee comes on board, focusing on ensuring a project plan exists and we focus on the right stuff. Gets all team members on the same page.” - TAP Client
“Very valuable to have a sounding-board during the first three months.” - TAP Participant
“1-on-1 discussions were very helpful. Also I thought that the expectation meeting with my boss was critical to my success.” - TAP Client
“The opportunity to review not just the actions of my first 90 days but also to evaluate how I accomplished those goals and effect on others was extremely impactful to me. The positive reinforcement and honest feedback during calls with Tad was very helpful throughout.” - TAP Participant
“Receiving my bosses expectations was important but Tad's perspectives to reshuffle based on realities was really helpful.” - TAP Participant
“TAP has been an enormous help for expediting contributions from new leaders. Not only does the process help the new leader gain a rapid ‘lay of the land’ and identify and prioritize areas of immediate and durable impact, but the surrounding organizational elements benefit from a critical examination of themselves and their activities through the process. We make a significant investment when procuring new leaders, so it makes sense to invest toward rapid and meaningful impact. Tad’s experience, insights and manner work together to make the process productive and enjoyable.” CEO & TAP Participant
“Company was focused on my progress and gave me the tools to ensure success.” - TAP Participant