According to studies, more than 50% of senior executives entering a new position are terminated, resign or perform significantly below expectations during the first 18 months. The risk of failure is even higher when the person has been brought on to manage a change initiative, turnaround or merger. When a hire doesn’t succeed, the costs can be substantial, including expenditures on: search, relocation, severance and training. These costs do not include the loss of morale, momentum and growth opportunities for the company.
WJM’s On-Board Coaching increases the return on the major investment companies make in their people. Our on-boarding is designed to reduce risks and costs by intervening to identify and address potential challenges faced by new executives, and to increase their productivity by accelerating and supporting successful assimilation.
On-Board Coaching is for:
On-Board Coaching provides the new leader with critical strategies for:
WJM believes that successful on-boarding requires that the executive’s manager, Human Resources and other key stakeholders have direct involvement and commitment to success. The on-boarding process includes identifying and meeting with these parties to review expectations and best practices for success within the organization’s unique culture.