Executive Onboarding Coaching: Meeting the 40% Challenge
The failure rate among newly hired executives is staggeringly high. Recent research indicates that 40% of new senior executives fail within the initial 18 months.
The Onboarding Coaching program directly addresses this challenge. The program is designed to ensure the long-term success of a recently placed candidate in a new position and new work environment. The Onboarding Coaching program begins when the candidate is hired and continues for a minimum of three months.
With the support and the direction of the corporate sponsors, the Cornerstone Executive Coach and the newly hired executive work together to prepare the executive for the responsibilities and demands of the new position. Emphasis is placed on quickly and effectively becoming a solid and productive contributor in the new work environment.
Sessions include areas of leadership presence, clarifying a leadership vision and styles, managing people, attaining a global view, dealing with poor performance and critical conversations, managing accountability, building trust with executive teams and in every professional relationships etc.
Onboarding Coaching sessions typically are conducted weekly or bi-weekly by phone or Skype, and face-to-face when possible. Sessions are approximately 45 minutes to one hour accompanied by full email support.
A typical Onboarding Coaching package includes:
- Assessment of the executives leadership style and personality profile
- New Hire Information Form
- New Hire Onboarding Plan
- Smart Goal Monthly Planner
- Corporate Sponsors meetings