The value of onboarding is indisputable. Pretty much everyone agrees that onboarding new executives, especially those in mission-critical roles, works. In fact, research shows that organizations with best in class onboarding programs* experience:
- Significant increases in retention and hiring manager satisfaction
- Enhanced productivity for new executives as new working relationships are jump started
- A reduction in time spent by HR assimilating the employee
- Decreases in organizational and individual stress
- Greater returns on investments made when recruiting for high profile, critical roles
So why aren’t more businesses using onboarding to complement their existing orientation/acculturation programs? Honestly, we really don’t know — except that their reluctance may be grounded in misperceptions about what onboarding needs to cover, how it’s delivered and/or its costs.
To overcome those obstacles, we provide a dedicated onboarding coach for newly hired executives for the first 100 days as part of our executive search solution — at our expense. The comprehensive one-on-one coaching program is offered through highly experienced coaches identified and managed by CoralBridge.
If you are interested in learning more, contact us at firstname.lastname@example.org for information about an upcoming Breakfast Briefing to be held on May 10 in Chicago or you can register here. Steve Andrews, CEO of International Equipment Solutions, a global engineered equipment company, and Charles Bishop, PhD, Principal with CoralBridge will discuss how a customized coaching program was successfully developed and conducted when the company hired a new General Manager recruited by TalentRISE. Space is limited and preference will be given to corporate attendees.
*(Source: Aberdeen and others)