Onboarding executive level employees:

David Yeghiaian

Guest Columnist

September 7, 2022

There is a lot at stake in an organization during leadership transitions. 

A good strategy for onboarding executive-level employees can help efficiently and effectively situate them more quickly and reduce turnover, which is important because executives command large salaries, and every moment spent getting situated can affect an organization’s bottom line. 

A good executive onboarding strategy will: 
Set the stage for success – Research indicates 40% or more of executives fail or quit during the first 18 months of a new position, and one in four executives leave in their first six months, all before they can productively contribute to the organization.Reduce turnover and costs – Turnover, especially at the senior levels, is expensive. The cost can range from 50-200% of an executive’s salary. High failure rates and executive turnover drive costs, which are detrimental to your organization.Enhance organizational impact – A structured executive onboarding approach ensures newly-appointed executives can swiftly contribute to your organization’s strategic goals.
This information demonstrates the importance of helping your executives achieve success rapidly. 
Personal onboarding coaches can help propel the success of your executives and your organization, in addition to assisting in their engagement with the employees and culture.

They can help your newly-hired and promoted executives to commit to their new roles and be more effective more quickly to achieve greater success and tenure with the company.

The executive onboarding process incorporates feedback and reflection for executives to continually improve their effectiveness and the effectiveness of their teams, ensuring further organizational impact.

David Yeghiaian is chief strategy officer at KerberRose. He can be reached at david.yeghiaian@kerberrose.com.