In our work helping growing companies to strengthen the effectiveness of their executive teams we have observed the often uncoordinated and sometimes spastic approaches used to add new executive team members. Given the research indicating that 40% of new leaders fail in the first 18 months on the job and that the estimated cost of exiting a new executive in this time frame is roughly three times the executive’s first year salary, promoting a talented performer or hiring an experienced outsider are not trivial issues.
The approaches run the gamut from telling the new executive to show up at the
By: coosystem
Title: Onboarding New Leadership Team Members (Without Losing Them)
Sourced From: coo.systems/onboarding-new-leadership-team-members-without-losing-them/
Published Date: Thu, 18 Feb 2021 14:11:46 +0000
source https://coo.systems/onboarding-new-leadership-team-members-without-losing-them/
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