Do you want your new hire to excel? Is it critical that
they succeed? Would you like some ‘insurance’ to
ensure things go exceptionally well?
The probability and cost of a failed new hire is too high to leave it to chance
We’ve all seen it and, maybe, it has happened to you.
The new leader starts, but for a variety of reasons communication breaks down, tension mounts, cooperation
is low, and soon the new hire is missing on goals and expectations. They start pushing too hard or retreating. Some hang in while others start looking.
McKinsey & Co research reports that almost 1/3 of externally hired executives miss expectations in the first two years. For a leadership start to not go well, the cost and impact is significant. If they leave, estimates are it will cost 90 to 200 percent of their annual salary to replace them.2 However, even more costly is the impact on team morale, results, and retention – all which take huge energy to recover from.
I found the keys to ‘insure’ a successful start
After watching this happen early in my career, I become obsessed to diagnose the why and determine what could be done better. I interviewed people, sought out experts, and experimented as I built my own teams.
I discovered several key elements common to highly successful starts. Then as the owner of an executive search firm, I was involved firsthand in hundreds of placements and got to see what worked and what didn’t in many different types of companies.
Seeking to improve the impact of our placements we developed and fine-tuned simple methods and tools to proactively initiate these keys to success.
We developed an Accelerator for New Hires
Our tools and methods were so successful with our leadership placements that our clients started to request them for their own hires.
If your new leader’s success is critical to your future, our New Leader Accelerator process can help you ‘insure’ successful integration and accelerate relationships that can withstand the expected bumps in any start.
We utilize a leading psychometric assessment tool, a simple step by step process that works, and facilitation from expert coaches to make it happen.