Executive Assimilation-Optimizing Contribution & Maximizing Impact

Assimilation is NOT Orientation!

Recruiting new leadership into an organization is only the beginning of the relationship between the new leader and the company. Unfortunately many, if not most, companies perceive this to be the end of the process and that once the hiring decision is made and the leader starts work, things will fall into place and take care of themselves. Unfortunately, this can often be a huge and often costly mistake.

 

 

“Research conducted by Sibson & Company in four high-turnover industries found that employee turnover replacement costs have reduced earnings and stock prices by an average of 38% ” It has also been researched and estimated that the cost of mis-hires are perhaps forty times base salary for those earning $100,000 to $250,000! Components comprising this cost include the cost of recruiting, actual compensation, severance pay, and the additional cost of lost productivity, the time it takes for someone to become productive, business mistakes, and missed opportunities among other factors.”

Needless to say, the cost of turnover at the executive level can be extremely damaging to an organization from a direct cost basis as well as an indirect cost basis. How many times have we heard members of our organizations express frustration associated with frequent change in leadership?

Our program: Executive Assimilation & Transition: Optimizing Contribution & Maximizing Impact™ addresses the need for organizations to have in place a formal, yet simple program for managing executive assimilation. The program is designed to meet the specific needs of newly-hired executives but also has application to middle management and other key associates as well.

Internal organizational staff supporting the assimilation process along with the expertise and facilitation of an external “assimilation coach,” are critical components of the program.

While the program is primarily designed to assist in the assimilation of newly-hired executives, it also has great value in the assimilation and transition of individuals into new roles within their existing organizations. Examples include promotions or a change in job duties and responsibilities that might accompany a career change.

While designed around a set of core components, the Program can be tailored to meet the unique requirements of your organization. To discuss how this program may be of benefit to your organization, please contact us.