/PRNewswire/ – How important to you is the success of your latest executive hire?
The startling statistic is that the new leader failure rate consistently ranges from 40 to 50%. Half of new senior leaders fail to succeed in their roles. Many who fail do so within their first two years. As outlined in The Leadership Crucible’s white paper on Executive Integration, this costs the firm not only in profitability but also:
“The tragedy is that most organizations adopt a ‘sink or swim’ approach when it comes to onboarding senior leaders,” Says The Leadership Crucible’s Michael Burroughs, author of Before Onboarding: How to Integrate Leaders for Quick and Sustained Results. “On the other hand, the best firms adopt a structured approach to senior leader onboarding that takes the guess work out of integration and accelerates the time to performance in the new role,” says Burroughs.
The outcomes of executive integration are to:
“Our proprietary executive integration process addresses the challenges of senior leader onboarding in order to achieve specific organizational objectives and make the new leader successful over the short and long term,” says Joe Scherrer, President of The Leadership Crucible. “We use seasoned ‘coach integrators’ who partner with the firm and the new leader over a 120 day period to manage the transition and lock-in results. In short, the process works.”
Source: The Leadership Crucible
The vast majority of business leaders responding to a recent survey said they’re concerned they can’t train employees quickly enough to keep up with AI and tech developments in the next three years. A similar amount said AI and other tech disruptions will require companies to rethink skills, resources and new ways of doing work.
If you were to ask a random person on the street what an HR professional does, their answer would probably be conflict resolution, or that HR folks deal with employee salaries and benefits. And while that is part of an HR professional’s responsibilities — to ensure employee safety, respect and accountability — that doesn’t even scratch the surface.
With remote work destined for good to be a fixture of the modern workplace, almost half of companies are monitoring remote employees’ online activities. Monitored activity can include active work hours, websites visited, chats, and messaging logs. Almost a third (31%) of respondents said their employers are monitoring their computer screens in real-time.
